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$4,695,000
5 Beds 26017763 MLS Cannonborough SubDv. Active Status
A rare opportunity to own a newly constructed mixed-use investment property in the heart of Charleston's rapidly growing Upper King Street corridor. Completed in 2024, 651 King Street offers approximately 4,253 square feet across three stories, featuring a fully operational 5 bed, 4.5 bath luxury short-term rental on the upper floors and a ground-floor commercial space occupied by Steep Me Tea Apothecary under a long-term NNN lease. The upper-level accommodation delivers a premium guest experience with upscale finishes, spacious gathering areas, and a rooftop terrace overlooking one of Charleston's most vibrant commercial districts. The property benefits from its location within the highly sought-after Cannonborough-Elliotborough STR Overlay, one of the few areas on the peninsula where commercial short-term rentals are permitted. Positioned on the prominent corner of King and Line Streets, the property sits directly adjacent to Courier Square, a transformative $500M+ mixed-use redevelopment that continues to reshape this section of downtown Charleston with luxury residential, retail, office, hospitality, and public gathering spaces. Additional nearby growth drivers include Greystar's global headquarters, MUSC, WestEdge, the College of Charleston, and numerous new residential and commercial developments. The ground-floor commercial space was purpose-built for restaurant or retail use and includes restaurant infrastructure such as a grease trap and designated hood location. Combining stable commercial income with the upside of Charleston's thriving luxury hospitality market, this turnkey asset presents a unique opportunity to acquire a modern, income-producing property in one of the city's most supply-constrained and rapidly appreciating locations.

651 King Street, Charleston

$3,150,000
8 Beds 9.5 Baths 25012134 MLS Cannonborough SubDv. Active Status
The Bee & Blossom is a stunning historic bed and breakfast comprised of 8 bedrooms, 8 full & 2 half baths, which masterfully blends timeless charm with modern luxury. As the 2020 Charleston Symphony Designer Showhouse, this iconic residence has been meticulously restored and renovated, earning the coveted Carolopolis Award for excellence in historic preservation. Spanning three beautifully appointed floors, the home welcomes guests w/ an open-concept main level featuring a gracious dining and lounge area, anchored by a spacious living room designed for both comfort and conversation. The adjacent chef's kitchen boasts a breakfast bar with seating for four, ideal for casual meals or morning coffee. Each of the eight bedrooms offers its own ensuite bath, providing privacy and comfort forguests or extended family. A second-floor suite of bedrooms leads to a third-floor retreat, where you'll find additional guest rooms and a secondary living area perfect for quiet relaxation. Outside, expansive porches and a serene garden oasis with a small pond invite peaceful moments and Southern-style entertaining. Whether continuing its legacy as a high-end B&B or converting it to a grand private residence, The Bee & Blossom is a rare opportunity to own a piece of Charleston's storied pastbrilliantly transformed for modern living.

184 Ashley Avenue, Charleston