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  • $4,100,000

    44 Morris St, Charleston, SC 29403

    11beds
    8baths
    5,112sqft
    Condominium
    Built in 1875
    -- sqft lot
    $4,081,200 Zestimate®
    $802/sqft
    $6,394 Estimated rent

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    $23,196/mo

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    $23,196/mo

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    What's special

    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!

    Zillow last checked: 8 hours ago

    Listing updated: August 26, 2025 at 08:18am

    Listed by:

    The Exchange Company, LLC

    Bought with:

    The Exchange Company, LLC

    Source: CTMLS,MLS#: 24029986MLS Logo

    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 sqft

    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 & neighborhood

    Security
    • Security features: Security System
    Community
    • Community features: Near Public Transport, Laundry
    Location
    • Region: Charleston
    • Subdivision: Cannonborough-Elliotborough

    Other

    Other facts
    • Listing terms: Any
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    Estimated market value
    $4,081,200