140 Spring Street, Charleston, SC 29403
Local realty services provided by:ERA Wilder Realty
Listed by: richard callari
Office: birchin lane realty advisors, llc.
MLS#:26002821
Source:SC_CTAR
140 Spring Street,Charleston, SC 29403
$3,100,000
- 7 Beds
- - Baths
- 3,034 sq. ft.
- Single family
- Active
Price summary
- Price:$3,100,000
- Price per sq. ft.:$1,021.75
About this home
An exceptional opportunity to acquire a fully renovated, fully licensed commercial short-term rental complex in the heart of downtown Charleston. 140 Spring Street is a boutique, three-unit offering designed to command premium nightly rates while delivering a rare combination of privacy, parking, and outdoor living--features that consistently outperform in Charleston's high-barrier STR market. The property features two spacious 3-bedroom / 2-bath residences and one well-appointed 1-bedroom unit, creating multiple income streams ideal for group travel, extended stays, and high-yield weekend demand. Renovations were thoughtfully executed to preserve historic charm while delivering modern finishes that today's guests expect.A true differentiator is the private, walled courtyard exclusive to one of the 3-bedroom units. Complete with a gazebo, brick fireplace, and dedicated sitting area, this outdoor sanctuary significantly enhances guest experience and booking appeal. The courtyard also offers potential for a plunge poolan extraordinary rarity in downtown Charleston and a proven lever for materially increasing ADRs and annual revenue.
Off-street parking further strengthens the asset's competitive position, while in-place commercial STR licensing allows for immediate operation with no entitlement risk.
Beyond operational performance, ownership offers significant tax advantages unique to short-term rentals, including the potential for accelerated depreciation and cost segregation, which may allow investors to offset a substantial portion of incomeoften without passive activity limitations, subject to individual circumstances and tax strategy.
This is a rare opportunity to acquire a stabilized, scalable, and tax-advantaged STR asset in one of the Southeast's most supply-constrained and resilient markets.
$300,000.00/ in annual revenue projected from a reputable local management company....
Contact an agent
Home facts
- Year built:1890
- Listing ID #:26002821
- Added:133 day(s) ago
- Updated:June 13, 2026 at 02:34 PM
Rooms and interior
- Bedrooms:7
- Full bathrooms:5
- Living area:3,034 sq. ft.
Structure and exterior
- Year built:1890
- Building area:3,034 sq. ft.
- Lot area:0.08 Acres
- Lot Features:0 - .5 Acre
- Architectural Style:Victorian, Villa
- Levels:3 Story
Schools
- High school:Burke
- Middle school:Simmons Pinckney
- Elementary school:James Simons
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,100,000
- Price per sq. ft.:$1,021.75
Parking
- Parking description:Off Street
New listings near 140 Spring Street
- New
$319,000Active3 beds 3 baths1,472 sq. ft.1530 Fort Johnson Road #Apt 1e, Charleston, SC 29412
MLS# 26017223Listed by: KELLER WILLIAMS REALTY CHARLESTON - New
$2,850,000Active4 beds 4 baths3,150 sq. ft.9 Colonial Street, Charleston, SC 29401
MLS# 26017224Listed by: MAISON REAL ESTATE - New
$655,000Active4 beds 3 baths2,439 sq. ft.2100 Utsey Street, Johns Island, SC 29455
MLS# 26017225Listed by: REAL BROKER, LLC
$400,000Pending3 beds 1 baths1,248 sq. ft.1951 Fruitwood Avenue, Charleston, SC 29414
MLS# 26017216Listed by: CAROLINA ONE REAL ESTATE- New
$915,000Active4 beds 3 baths2,846 sq. ft.1514 Grimball Road, Charleston, SC 29412
MLS# 26017074Listed by: HEALTHY REALTY LLC - New
$4,799,000Active5 beds 6 baths4,801 sq. ft.221 Black Powder Lane, Daniel Island, SC 29492
MLS# 26017150Listed by: ISLAND HOUSE REAL ESTATE - New
$399,000Active2 beds 2 baths1,086 sq. ft.1307 Apex Lane, Charleston, SC 29412
MLS# 26017203Listed by: SLOANE REALTY - New
$209,900Active1 beds 1 baths691 sq. ft.700 Daniel Ellis Drive #9105, Charleston, SC 29412
MLS# 26017201Listed by: BRAND NAME REAL ESTATE
Listed by ERA$535,000Active3 beds 2 baths1,230 sq. ft.1056 Yorktown Drive, Charleston, SC 29412
MLS# 26000035Listed by: ERA WILDER REALTY, INC- New
$2,250,000Active5 beds 6 baths4,213 sq. ft.660 Ayers Drive, Charleston, SC 29412
MLS# 26017195Listed by: THE CASSINA GROUP