$4,695,000
651 King Street
Charleston, SC 29403
MLS# 26017763
4253 sqft


651 King Street, Charleston, SC 29403
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Property 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

Details
Contract Info
MLS List Date: 2026-06-19
Status: Active
List Price: $4,695,000
Current Price: $4,695,000
Primary Structure List Price/SqFt: 1103.93
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
General Property Info
Number of Units: 2
# Stories: 3
Total 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
Bedrooms: 5
Baths: 4.5
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
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 spaces. Additional nearby growth drivers include Greystar's global headquarters, MUSC, WestEdge, the College of Charleston, and numerous new residential and commercial developments. The ground-floor commercial space was purpose-built for restaurant or retail use and includes restaurant infrastructure such as a grease trap and designated hood location. Combining stable commercial income with the upside of Charleston's thriving luxury hospitality market, this turnkey asset presents a unique opportunity to acquire a modern, income-producing property in one of the city's most supply-constrained and rapidly appreciating locations.

Listing Office: Keller Williams Realty Charleston West Ashley

Last Updated: July - 08 - 2026

651 King Street, Charleston, SC 29403 - MLS# 26017763

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About Me

Josiah Williams was born and raised in the Holy City and loves everything the city has to offer. He believes Charleston has something to offer for everyone; whether you enjoy the outdoors, amazing cuisine or the deep history embedded within this great city.

Contact Info

Josiah Williams Real Estate

3103 Ion Avenue
Sullivan’s Island, SC 29482

Direct: 843.860.0858
Fax: 843.881.0824