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651 King Street, Charleston, SC 29403

New Listing

$4,695,000

Property Type: MultiFamily Square Footage: 4,253 Lot Size (sq. ft.): 2,178 Status: Active

Current Price: $4,695,000 List Date: 6/19/2026 Last Modified: 6/19/2026

Overview

Description

A rare opportunity to own a newly constructed mixed-use investment property in the heart of Charleston's rapidly growing Upper King Street corridor. Completed in 2024, 651 King Street offers approximately 4,253 square feet across three stories, featuring a fully operational 5 bed, 4.5 bath luxury short-term rental on the upper floors and a ground-floor commercial space occupied by Steep Me Tea Apothecary under a long-term NNN lease. The upper-level accommodation delivers a premium guest experience with upscale finishes, spacious gathering areas, and a rooftop terrace overlooking one of Charleston's most vibrant commercial districts. The property benefits from its location within the highly sought-after Cannonborough-Elliotborough STR Overlay, one of the few areas on the peninsula where

Supplements: commercial short-term rentals are permitted. Positioned on the prominent corner of King and Line Streets, the property sits directly adjacent to Courier Square, a transformative $500M+ mixed-use redevelopment that continues to reshape this section of downtown Charleston with luxury residential, retail, office, hospitality, and public gathering spac ... (Read more)

Listing Details MLS# 26017763

Location, Tax & Legal

Tax Map #: 4600404095
Street #: 651
Street Name: King
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
Elementary School: James Simons
Middle School: Simmons Pinckney
High School: Burke
Directions: North west corner of King and Line Streets
Legal Description: 651 Nw King & Line

Contract Info

MLS List Date: 2026-06-19
Primary Structure List Price/SqFt: 1103.93

General Property Info

Number of Units: 2
# Stories: 3
Primary Structure Apx SqFt: 4253
Year Built: 2024
Acreage: 0.05
Occupancy: Leased
Lease Purchase: No
Potential Short Sale: No
Other Structures Y/N: No

Unit 1

SqFt: 1500

Unit 2

SqFt: 2753

Income, Expenses & Fees

Auction: No

More Information

Office/Member Info

Seller Concessions Negotiable Y/N: Yes

SqFt Source

Builder/Owner: Yes

Roof

Metal: Yes

Exterior

Block/Masonry: Yes
Brick - Veneer: Yes

Foundation

Slab: Yes

Zoning

Conforming: Yes

Garage/Parking

Other (Use Remarks): Yes

Architectural Style

Duplex: Yes
Other: Yes

New Owned/Pre-owned

Pre-Owned: Yes

Equipment/Appliances

Ceiling Fan: Yes
Dishwasher: Yes
Dryer: Yes
Electric Dryer Hookup: Yes
Gas Range: Yes
Microwave: Yes
Refrigerator: Yes
Sep. Ice Maker: Yes
Stacked Washer/Dryer: Yes
Washer Hookup: Yes

Cooling

Central Air: Yes

Heat

Natural Gas: Yes

Amenities

Trash: Yes

Sale Includes

All Furniture: Yes
Building and Land: Yes
Other (Use Remarks): Yes

Proposed Financing

Cash: Yes
Conventional Loan: Yes

Tenant Pays

Other (Use Remarks): Yes

Possession

At Closing: Yes
Tenants Rights: Yes

Special

Flood Insurance: Yes

Water/Sewer

Public Sewer: Yes
Public Water: Yes

Utility Suppliers

Charleston Water Service: Yes
Dominion Energy: Yes

Property Features

SqFt Source: Builder/Owner Roof: Metal Exterior: Block/Masonry; Brick - Veneer Foundation: Slab Architectural Style: Duplex; Other Zoning: Conforming Cooling: Central Air Heat: Natural Gas Amenities: Trash Sale Includes: All Furniture; Building and Land; Other (Use Remarks) Tenant Pays: Other (Use Remarks) Proposed Financing: Cash; Conventional Loan Possession: At Closing; Tenants Rights Special: Flood Insurance Utility Suppliers: Charleston Water Service; Dominion Energy

Listing Office: Keller Williams Realty Charleston West Ashley

Last Updated: June - 19 - 2026

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