44 Morris Street, Charleston, SC

$4,200,000

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11

Beds

5,112

Square feet

0.16

Acres

About 44 Morris Street

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!

Features of 44 Morris Street

MLS® # 24029986
Price $4,200,000
Bedrooms 11
Bathrooms 0.00
Square Footage 5,112
Acres 0.16
Year Built 1875
Type Residential Income
Status Active Under Contract

Community Information

Address 44 Morris Street
Area 51 - Peninsula Charleston Inside of Crosstown
Subdivision Cannonborough-Elliotborough
City Charleston
County Charleston
State SC
Zip Code 29403

Amenities

Amenities Bus Line, Laundry
Utilities Charleston Water Service, Dominion Energy
Parking Other
Is Waterfront No
Has Pool No

Interior

Interior Features Ceiling Fan(s)
Heating Central, Heat Pump
Cooling Central Air
Fireplace No

Exterior

Exterior Wood Siding
Roof Metal
Foundation Crawl Space, Slab

School Information

Elementary Memminger
Middle Courtenay
High Burke

Additional Information

Days on Website 220
Short Sale No
RE / Bank Owned No

Listing Details

OfficeThe Exchange Company, LLC

Listing Map

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