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44 Morris Street, Charleston, SC 29403

$4,100,000

Property Type: MultiFamily Square Footage: 5,112 Lot Size (sq. ft.): 6,970 Status: Closed

Current Price: $4,100,000 List Date: 5/24/2025 Last Modified: 8/26/2025

Overview

Description

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.

Supplements: 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 sho ... (Read more)

Listing Details MLS# 24029986

Location, Tax & Legal

Tax Map #: 4601201081
Street #: 44
Street Name: Morris
Street Suffix: Street
County: Charleston
State: SC
Zip Code: 29403
Area: 51 - Peninsula Charleston Inside of Crosstown
Tax District: 71 - City of Charleston
Subdivision: Cannonborough-Elliotborough
Elementary School: Memminger
Middle School: Courtenay
High School: Burke
Directions: Take Coming St. past Calhoun. House is on the corner of Morris and Coming St.

Contract Info

MLS List Date: 2024-12-03
Primary Structure List Price/SqFt: 821.6

General Property Info

Number of Units: 4
Total Apx SqFt: 5112
Year Built: 1875
Acreage: 0.16
Potential Short Sale: No
Other Structures Y/N: No

Status Change Info

Sold Date: 2025-08-25
Sold Price/SqFt: 802.03
New Mortgage Type: Conventional

Unit 1

SqFt: 1900

Unit 2

SqFt: 1700

More Information

Unit 3

SqFt: 756

Unit 4

SqFt: 756

Property Features

SqFt Source: Builder/Owner Roof: Metal Exterior: Wood Siding Attic Features: Access Foundation: Crawl Space; Slab Driveway: Concrete Architectural Style: Condominium; Quadplex Cooling: Central Air Heat: Central; Heat Pump Amenities: Bus Line; Cable TV; Laundry; Trash Tenant Pays: No Utilities Proposed Financing: Any Possession: At Closing Utility Suppliers: Charleston Water Service; Dominion Energy

Listing Office: The Exchange Company, LLC

Last Updated: August - 26 - 2025

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