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241 East Bay Street

Charleston, SC 29401
  • $5,500,000
  • STATUS: Active
  • ON SITE: 45 Days
  • ID#: 26005460
UPDATED: 27 min ago
$5,500,000
  • 9
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,752
    SQFT
  • $468
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1871
County:

School Information

Elementary School:
Middle School:
High School:

Description

Beautifully restored and well maintained, this 4 unit masonry structure is located in the center of the Historic District, one block from the City Market, surrounded by fine restaurants and shopping. The property also includes its own parking with 9 spaces onsite. Zoned General Business and located within the accommodation zone, approval for 4 unit accommodations, currently operating as the Charleston Chestnut Mansion, a 4 unit short term rental. This versatile property can operate as short term or long term rentals, or offices giving one flexible use into the future depending upon market needs, especially with its corner location on East Bay and Guignard Streets. All 4 units are completely updated and furnished with bookings well into the future.Each unit has a separate entrance. The first floor has two 2 BD units at 1,400 SQFT each. The second floor is over 3,300 SQFT, with 3 BDs, 3BAs, and elevator access. The third level spans the upper floor with over 2,100 SQFT and 2 BDs. Originally 2 separate structures, with the original built in 1871 (241 East Bay), a later addition at 243 East Bay was added during the 1986 Restoration. Comprehensive renovations from 2015 to 2021, including mechanical systems, windows, interior updates. 2025 gross income - $588,061. Showings limited due to bookings. This property is turnkey and ready to go!

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Charleston Trident Association of REALTORS® logo Real estate listing marked with the CTMLS logo or an abbreviated logo are provided courtesy of the Charleston Trident MLS Broker Reciprocity Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Three Real Estate | Realty One Group Coastal. Data last updated: 2026-04-13T06:31:30.72.
www.threerealestate.net/homes/173383222
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241 East Bay Street Charleston, SC 29401

  • Price: $5,500,000
  • Status: Active
  • On Site: 45 Days
  • Updated: 27 min ago
  • ID#: 26005460
9
Beds
0
Baths
0
½ Baths
0.15
Acres
11,752
SQFT
$468
$/SQFT
1871
Built
Neighborhood:
Ansonborough
County:
Charleston
Area:
Charleston Peninsula - Below Crosstown
Elementary School:
Memminger
Middle School:
Simmons Pinckney
High School:
Burke
Property Description
Beautifully restored and well maintained, this 4 unit masonry structure is located in the center of the Historic District, one block from the City Market, surrounded by fine restaurants and shopping. The property also includes its own parking with 9 spaces onsite. Zoned General Business and located within the accommodation zone, approval for 4 unit accommodations, currently operating as the Charleston Chestnut Mansion, a 4 unit short term rental. This versatile property can operate as short term or long term rentals, or offices giving one flexible use into the future depending upon market needs, especially with its corner location on East Bay and Guignard Streets. All 4 units are completely updated and furnished with bookings well into the future.Each unit has a separate entrance. The first floor has two 2 BD units at 1,400 SQFT each. The second floor is over 3,300 SQFT, with 3 BDs, 3BAs, and elevator access. The third level spans the upper floor with over 2,100 SQFT and 2 BDs. Originally 2 separate structures, with the original built in 1871 (241 East Bay), a later addition at 243 East Bay was added during the 1986 Restoration. Comprehensive renovations from 2015 to 2021, including mechanical systems, windows, interior updates. 2025 gross income - $588,061. Showings limited due to bookings. This property is turnkey and ready to go!
Exterior Features

Construction Materials Block/MasonryStucco Other Structures No Roof Metal

Interior Features

Cooling Central Air Cooling YN Yes Heating CentralDuctlessForced Air Heating YN Yes Unit1 Baths 2 Unit1 Bedrooms 2 Unit2 Baths 2 Unit2 Bedrooms 2 Unit3 Baths 3 Unit3 Bedrooms 3 Unit4 Baths 2 Unit4 Bedrooms 2

Property Features

Listing Terms CashConventional New Construction YN No Sewer Public Sewer Special Listing Conditions Flood Insurance Structure Type Quadruplex Utilities Charleston Water ServiceDominion Energy Water Source Public

Charleston Trident Association of REALTORS® logo Listing courtesy of Carriage Properties LLC: .


Charleston Trident Association of REALTORS® logo Real estate listing marked with the CTMLS logo or an abbreviated logo are provided courtesy of the Charleston Trident MLS Broker Reciprocity Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Three Real Estate | Realty One Group Coastal. Data last updated: 2026-04-13T06:31:30.72.
 
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Three Real Estate | Realty One Group Coastal
677 King Street
Charleston SC, 29464