MLS# 30603392 | 161 Rutledge Avenue Charleston SC | subdivision

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$1,695,000 | N/A beds | N/A full baths | N/A half baths | 4,030 sqft

$1,420,000
161 Rutledge Avenue
Charleston, SC 29403
  • $420.60Price per SqFt
  • 4,030SqFt
  • 146Days on Market
  • N/AZoning
  • 1845Year Built
  • RetailUse
  • MLS# 30603392
  • Commercial Sales
  • Retail
  • Sold

  • Approx Time on MarketN/A
  • AreaHistoric Charleston
  • CountyCharleston
  • Subdivision N/A

Overview

Property fully leased. Caropolis Award winning property located on Rutledge Avenue with high visibility. This listing offered at 2 Million and could also be sold in conjunction with a portfolio sale located on Commercial MLS with Catylist ID #30578025. Description below.161 Rutledge Avenue: Fully LeasedIn 2018, 161 Rutledge received the prestigious Carolopolis Award given by the Preservation Society of Charleston for outstanding and meticulous preservation/renovation work. Completely and thoroughly renovated with all new mechanicals. The first floor is currently restaurant space with grease trap and hood already in place and the second floor consists of (2) 2 bedroom 2 bath apartments that are 1,000 SF each with full size washer and dryer.SF: 4,004Year Built: 1845Each apartment has 3 mini split AC units.All of 161 has tankless water heaters and the 2 apartments are on one water meterThe roof is Architectural Shingle and part HydrostopZoning: Limited BusinessPermitted Uses: Multifamily, Student Housing, Office, Restaurant



Sale Info

Listing Date: 02-24-2025

Sold Date: 10-26-2021

Listing Sold: 
   3 Year(s), 8 month(s), 25 day(s) ago

Asking Price: $1,695,000

Selling Price: $1,420,000

Price Difference: 
Reduced By $275,000

Building Info

Anchored:  No

Year Built:  1845

Financial

Asking Price Type:  Fixed Price

Garage / Parking

Parking Type:  Surface

Lot Info

County:  Charleston

Land Size:  0.00

Misc

Title:  161 Rutledge Commercial Sale

Offer Compensation

Property Info

Second Property Subtype:  Retail

Zoning:  City of Charleston - LB - Lim

Nearest Msa:  Charleston-North Charleston, SC

Sale Terms:  Cash

Property Type:  A

Original Price:  $1,695,000

Build To Suit:  No

Property Use Type:  Investment, Retail

Class Type:  Retail

Sold Info

Sold Date:  2021-10-26T00:00:00

Sqft Info

Rentable Area:  4030

Unit Info

Utilities / Hvac

Water Source:  Public

Sewer:  Public Sewer

Courtesy of listing office Carolina One Real Estate 

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On marshallwalker.com since Mon, Feb 24th 2025
No Property History recorded for this listing.

Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Marshall Walker Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 07-20-2025 11:54 PM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2025 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 07-20-2025 11:54 PM EST est.

Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.


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