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241 East Bay Street, Charleston, SC 29401
New Listing
$5,500,000
Property Type:
MultiFamily
Square Footage:
11,752
Lot Size (sq. ft.):
6,534
Status:
Active
Current Price:
$5,500,000
List Date:
2/26/2026
Last Modified:
2/26/2026
Description
Beautifully restored and well maintained, this 4 unit masonry structure is located in the center of the Historic District, one block from the City Market, surrounded by fine restaurants and shopping. The property also includes its own parking with 9 spaces onsite. Zoned General Business and located within the accommodation zone, approval for 4 unit accommodations, currently operating as the Charleston Chestnut Mansion, a 4 unit short term rental. This versatile property can operate as short term or long term rentals, or offices giving one flexible use into the future depending upon market needs, especially with its corner location on East Bay and Guignard Streets. All 4 units are completely updated and furnished with bookings well into the future.
Supplements: Each unit has a separate entrance. The first floor has two 2 BD units at 1,400 SQFT each. The second floor is over 3,300 SQFT, with 3 BDs, 3BAs, and elevator access. The third level spans the upper floor with over 2,100 SQFT and 2 BDs. Originally 2 separate structures, with the original built in 1871 (241 East Bay), a later addition at 243 East Bay was added during the 1986 Restoration. Comprehensive renovations from 2015 to 2021, including mechanical systems, windows, interior updates. 2025 gross income - $588,061. Showings limited due to bookings. This property is turnkey and ready to go!
More Information MLS# 26005460
Contract Info
Primary Structure List Price/SqFt: 468.01
MLS List Date: 2026-02-26
Status: Active
List Price: $5,500,000
Current Price: $5,500,000
Location, Tax & Legal
Legal Description: LT B
Tax Map #: 4580503031
Street #: 241
Street Name: East Bay
Street Suffix: Street
County: Charleston
State: SC
Zip Code: 29401
Area: 51 - Peninsula Charleston Inside of Crosstown
Tax District: 71 - City of Charleston
Subdivision: Ansonborough
Elementary School: Memminger
Middle School: Simmons Pinckney
High School: Burke
Directions: Corner of East Bay Street and Guignard Street.
General Property Info
# Stories: 3
Potential Short Sale: No
Other Structures Y/N: No
Number of Units: 4
Primary Structure Apx SqFt: 11752
Year Built: 1871
Acreage: 0.15
SqFt Source
Tax Records: 1
Unit 1
Bedrooms: 2
Baths: 2
Unit 2
Bedrooms: 2
Baths: 2
Unit 3
Bedrooms: 3
Baths: 3
Unit 4
Bedrooms: 2
Baths: 2
Roof
Metal: 1
Exterior
Block/Masonry: 1
Stucco: 1
Driveway
Concrete: 1
Gravel: 1
Architectural Style
Quadplex: 1
New Owned/Pre-owned
Pre-Owned: 1
Cooling
Central Air: 1
Ductless: 1
Heat
Central: 1
Ductless: 1
Forced Air: 1
Proposed Financing
Cash: 1
Conventional Loan: 1
Possession
At Closing: 1
Negotiable: 1
Special
Flood Insurance: 1
Water/Sewer
Public Sewer: 1
Public Water: 1
Utility Suppliers
Charleston Water Service: 1
Dominion Energy: 1
Property Features
SqFt Source: Tax Records
Roof: Metal
Exterior: Block/Masonry; Stucco
Driveway: Concrete; Gravel
Architectural Style: Quadplex
Cooling: Central Air; Ductless
Heat: Central; Ductless; Forced Air
Proposed Financing: Cash; Conventional Loan
Possession: At Closing; Negotiable
Special: Flood Insurance
Utility Suppliers: Charleston Water Service; Dominion Energy
LBP ›
Listing Office:
Carriage Properties LLC
Last Updated: February - 26 - 2026
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