Located on a highly visible corner in the heart of downtown Charleston's Elliotborough hospitality and short-term rental overlay, 132 Spring Street is a flagship mixed-use property offering endless opportunities and upside investment potential. There is an amazing commercial/restaurant/retail space on the ground floor (currently leased). Two fully renovated residential units each have their own private entrance, original hardwood flooring and beautifully high ceilings. Unit B is located on the second floor and offers one bedroom and one bathroom with a beautifully appointed kitchen and living area. Unit D is a spacious and beautifully renovated three-bedroom, two-bathroom apartment with a grand living space and kitchen on the second floor and bedrooms located on the third floor. Both residential units stay consistently booked with short term renters due to the ideal location, inherent charm and extremely appealing living space to enjoy. Since completion of the building's full high-end renovation in 2016, 132 Spring Street has offered numerous avenues of stable, solid revenue year after year. The property also includes two off-street parking spaces along Ashley Avenue. Financials/numbers on short-term rental history available upon request.
Property Details
Property Features
Property Information:
Year Built: 1940
Stories: 3
Living Area: 4,074 SqFt
Listing Office:
Office Name: William Means Real Estate, LLC
Interior Features
Interior Information:
Interior: Ceiling Fan(s)
Bedroom and Bathroom Information:
Total Bedroom Count: 4
Exterior Features
Parking Information:
Garage Space: 2 spaces
Parking: 2 Car, Other (Use Remarks)
Lot Features
Lot Information:
Lot Size: 0.07 Acres
Utilities
Utilities Information:
Heating: Central, Ductless
Other
Directions Information:
Directions: Building Is Located At The Corner Of Spring And Ashley Streets In Downtown Charleston.
Price Information
Listing Price Info
Price Summary:
List Price: $3,495,000
Price Per SqFt: $858/SqFt
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
Julian Mitchell Elementary School
2 Perry St
Distance between this listing and this school0.34 miles
Public Magnet Grades PK-5
4
/10
Charleston Progressive
382 Meeting St
Distance between this listing and this school0.70 miles
Public Magnet Grades PK-5
4
/10
James Simons Montessori School
741 King St
Distance between this listing and this school0.77 miles
Public District Grades KG-5
Nearby Schools
7
/10
Charleston Development Academy
233 Line St
Distance between this listing and this school0.35 miles
Public Charter Grades PK-8
1
/10
Simmons-Pinckney Middle School
244 President St
Distance between this listing and this school0.38 miles
Public District Grades 6-8
9
/10
Buist Academy
103 Calhoun St
Distance between this listing and this school0.96 miles
Public Magnet Grades 1-8
Nearby Schools
3
/10
Burke High School
244 President St
Distance between this listing and this school0.40 miles
Public Magnet Grades 9-12
7
/10
Charleston Charter School for Math and Science
1002 King St
Distance between this listing and this school0.91 miles
Public Charter Grades 6-12
1
/10
Greg Mathis Charter High School
2872 Azalea Dr
Distance between this listing and this school4.04 miles
The neighbors living near this home have an average income of $36,791. The most common annual income of people living in Charleston, SC is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 132 Spring St
What is the listing price of this property?
The listing price of 132 Spring St property is $3,495,000.
What type of property is this?
The property 132 Spring St is a house located in Charleston, South Carolina, 29403.
Is this property for sale now?
Active Listing: 132 Spring St is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 132 Spring St has 4 bedrooms.
What is the square footage of this property?
The property 132 Spring St is 4,074 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 132 Spring St is 1940.
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This home is located at 132 Spring St in Charleston, SC and zip code 29403 in the The Peninsula neighborhood. This 4,074 square foot home, which was built in 1940, sits on a 0.07 acre lot. Features: 4 bedrooms. It has been listed on Rocket Homes since January 02, 2025 and is currently priced at $3,495,000.
In December 2024 more than 21 listings in Charleston, SC were sold above the asking price. During the same period more than 57 listings were sold at asking price, while more than 165 were sold below. The inventory of homes for sale in Charleston, SC between November 2024 and December 2024 decreased by 4.3%.
From Rocket Homes Real Estate and based on county public records data.
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