344 King Street, Charleston, SC

About 344 King Street

344 King Street is a prime commercial retail and residential listing located just below Calhoun Street, in one of Charleston's most sought-after retail areas. This location is on a bustling block of King Street with high foot traffic. The building features a retail space (1100 sqft) with a triple-net lease already in place with 3% annual rent escalations, ensuring a stable income. It also includes two long-term apartments, both with tenants, and two successful short-term rentals (STRs). A secure, gated alleyway off of King Street allows private access to the retail, residential apartments and Airbnb's and are under video surveillance. The building is in excellent condition, making it a low-maintenance investment. It offers a unique opportunity to own a prestigious property with flexible usage options. The two (2) Airbnb's have been recognized by Conde Nast Traveler as one of the top ten places to stay. These STRs will convey furnished, with beautiful antique pieces included, except for a few exclusions. The courtyard Airbnb features a private courtyard, adding significant appeal. There is potential to expand the square footage by adding another suite above the courtyard Airbnb, as well as the possibility of a 2-story addition within the courtyard footprint.

Listing Map