MLS# 24029986 | 44 Morris Street Charleston SC | Cannonborough-Elliotborough subdivision

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$4,200,000 Reduced -$700,000
44 Morris Street
Charleston, SC 29403
  • 11Beds
  • N/AFull Baths
  • N/AHalf Baths
  • 5,112SqFt
  • 1875Year Built
  • 0.16Acres
  • MLS# 24029986
  • Multi Family
  • Active Contingent


Overview

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!



Agriculture / Farm

Grazing Permits Forest Service:  No

Grazing Permits Private:  No

Grazing Permits Blm:  No

Horse:  No

Farm Credit Service Incl:  No

Association Fees / Info

Community Features:  Bus Line, Laundry

Bathroom Info

Building Info

Year Built:  1875

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Pool Private:  No

Garage / Parking

Gar Pkg:  Other

Garage:  No

Attached Garage:  No

Interior Features

Interior Features:  Ceiling Fan(s)

Fireplace:  No

Laundry Features:  Electric Dryer Hookup, Washer Hookup

Lot Info

Lot Size:  0.16

Lot Size Units:  Acres

Acres:  0.16

Lot Sqft:  6969.6

Irrigation Water Rights:  No

Offer Compensation

Other

Security Features:  Security System

Mobile Home Remains:  No

Property Info

Property Type:  B

Foundation:  Crawl Space, Slab

Exterior:  Wood Siding

New Construction:  No

Roof:  Metal

Property Subtype:  No

Building Area Units:  Square Feet

Special:  Flood Insurance

View:  No

Home Warranty:  No

Habitable Residence:  No

Structure Type:  Condominium, Quadruplex

Room Info

Beds:  11

Sale / Lease Info

Lease Renewal Option:  No

Lease Considered:  No

Lease Assignable:  No

Sqft Info

Unit Sqft:  756

Unit Sqft:  1,700

Unit Sqft:  756

Unit Sqft:  1,900

Sqft:  5112

Unit Info

Unit Bedrooms:  2

Unit Bedrooms:  4

Unit Bedrooms:  3

Unit Bedrooms:  2

Utilities / Hvac

Water Source:  Public

Utilities:  Charleston Water Service, Dominion Energy

Heating:  Yes

Heat:  Central, Heat Pump

Water Sewer:  Public Sewer

Cooling:  Central Air

Cooling:  Yes

Waterfront / Water

Waterfront:  No

Schools

Elem:  Memminger

Middle:  Courtenay

High:  Burke

Directions

Take Coming St. Past Calhoun. House Is On The Corner Of Morris And Coming St.

Courtesy of listing office The Exchange Company, LLC 

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Price & Status History (on marshallwalker.com since Tue, Dec 3rd 2024)
  • Original Price: $5,900,000
  • Current Price: $4,200,000
  • Price Reduced: $1,700,000
Date ChangedFromTo
06/15/2025ActiveActive Contingent
06/10/2025$4,900,000 $4,200,000 Reduced by $700,000
05/26/2025$5,900,000 $4,900,000 Reduced by $1,000,000
05/10/2025ActiveActive Contingent

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 07-21-2025 10:04 AM 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 07-21-2025 10:04 AM 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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