Rare commercial-zoned property in Charleston's Accommodation Overlay District, The Charleston Compound offers a prime opportunity to create a boutique hotel with a pool, restaurant, outdoor dining, event space, and a private courtyard, just two blocks from King Street. This unique L-shaped estate includes 11 bedrooms, 8.5 baths, and 14 private parking spaces across four separate units, along with a valid 15x30 pool permit for the entire property.With legacy ''Hotels and Motels'' zoning--confirmed by the City--this property benefits from a highly flexible, transferrable business license. The property does not require STR permits or a Bed and Breakfast license and offers the potential to add more guest rooms, favorable parking requirements, and generous signage allowances.The transferrable pool permit is already in place, and future commercial development of the parking lot would be easier due to the zoning. Currently, the property operates as a successful vacation rental and event space with expansive common areas and a dedicated laundry room. It is perfect for use as a boutique hotel or could be utilized as a short-term rental, Bed and Breakfast, or private estate. Additionally, a potential site plan is available for a Palm Beach-style courtyard with gated driveways, further enhancing privacy and development options. Buyer responsible for permits. Don't miss this rare opportunity to develop a boutique hotel with resort-style amenities in one of Charleston's most sought-after locations!
Active
$5,900,000
44 Morris St, Charleston, SC 29403
11beds
8baths
5,112sqft
Est.:
Condominium
Built in 1875
-- sqft lot
$5,367,600 Zestimate®
$1,154/sqft
$-- HOA
What's special
Private courtyardOutdoor diningEvent spaceGated drivewaysPalm beach-style courtyardExpansive common areasDedicated laundry room
- 149 days
- on Zillow |
- 341 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: February 11, 2025 at 10:57am
Listed by:
The Exchange Company, LLC
Source: CTMLS,MLS#: 24029986

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 8
Heating
- Central, Heat Pump
Cooling
- Central Air
Appliances
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s)
Interior area
- Total structure area: 5,112
- Total interior livable area: 5,112 sqft
Property
Parking
- Parking features: Other
Lot
- Size: 6,969.6 Square Feet
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Wood Siding
- Foundation: Crawl Space, Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1875
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Charleston Water Service, Dominion Energy
Community & HOA
Community
- Features: Near Public Transport, Laundry
- Security: Security System
- Subdivision: Cannonborough-Elliotborough
Location
- Region: Charleston
Financial & listing details
- Price per square foot: $1,154/sqft
- Date on market: 12/3/2024
- Listing terms: Any
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