USASCCharlestonCannonboroughAbc-140 Spring St

$3,100,000

For Sale

A month ago

ABC - 140 Spring St, Charleston, SC

Name: ABC - 140 Spring St, For Sale in Charleston - eXp Realty
Brand: Birchin Lane Realty Advisors, LLC
SKU: 26002812
Price: 3100000 USD

MLS® 26002812

0 Bed

0 Bath

Key Facts
Description
Map

Key Facts

Type Triplex

Levels Residential Income

Size -

Garage No

Taxes

Days Active 44

Lot Size 0.08 acres

Approx. Age 1890

MLS® Number 26002812

Property Address: abc-140 Spring St, Charleston, SC, 29403-6731

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® Number26002812

Laundry Level

Central VacNo

FireplaceNo

Acreage0.08

Exterior

GarageNo

Approx. Age1890

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

All Furniture

Price History

-End Date

Not Sold YetSold Price

For Sale

Jan 30, 2026List Date

$3,100,000List Price

Commute

Commute

Starting Address

Destination Address

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