Active

44 Morris Street

Charleston SC, 29403

$5,900,000


$1,154.15 per sqft

Active

11 Beds

5,112 sqft

Multi-family

Built in 1875

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.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 short-term rental, Bed and Breakfast, or private estate. Additionally, a potential site plan is available for a Palm Beach-style courtyard with gated driveways, further enhancing privacy and development options.

Buyer responsible for permits. Don't miss this rare opportunity to develop a boutique hotel with resort-style amenities in one of Charleston's most sought-after locations!

24029986

MLS ID

December 3, 2024

Listed

February 20, 2025

Updated

Interior Features

Bedrooms

11


Interior Features

Ceiling Fan(s)


Laundry Description

Electric Dryer Hookup, Washer Hookup


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Heat Pump

Exterior/Building Features

Lot Size

0.16 Acres


Roof

Metal


Sewer

Public Sewer


Security

Security System

School Information

High School

Burke


Elementary School

Memminger

Other Property Details

Area Name

51 - Peninsula Charleston Inside of Crosstown


Garage

No


Parking

Other (Use Remarks)


View

No


County

Charleston


Water Source

Public


Pool

No


Utilities

Charleston Water Service, Dominion Energy

Courtesy of The Exchange Company, LLC with Harold Holt

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Data last updated 6:55 PM UTC, 2/20/2025

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