A unique investment property in the heart of Downtown Charleston! Located in the legal short-term rental overlay district, this property boasts a total of 3 units including a restaurant that could be subdivided into 2 separate commercial units, 2 separate apartments, and 7 leased, designated off-street parking spaces (with potential for 13 additional spots at the corner). The ground level contains the restaurant that is made up of a large kitchen (complete equipment list in MLS docs in ''Marketing Packet''), 2 dining areas, a bar, 3 bathrooms, office & storage space and an outdoor courtyard. This space can be subdivided into 2 separate commercial units.The 2nd, 3rd, & 4th floors make up the 2 separate apartments. The 2nd floor is home to unit B, a 3 bed/2 bath/1,194 sq ft unit wi private covered balcony. There are currently 7 dedicated parking spaces (leased by current owners for $1,000/mo) that are used for the current tenants & restaurant owner and there is potential to lease an additional ~13+ spaces at the corner lot (avail. for ~$2,250/mo. See Marketing Packet for additional info in MLS docs).Located in a prime Downtown location, this building is within walking distance to restaurants, parks, schools, museums, fitness, MUSC and all that the Peninsula has to offer! Schedule a showing today!
Off market
$4,010,800
207 Rutledge Ave, Charleston, SC 29403
7beds
6,099sqft
SingleFamily
Built in 1855
5,227 Square Feet Lot
$4,010,800 Zestimate®
$658/sqft
$7,749 Estimated rent
What's special
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$4,010,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$4,010,800