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44 Morris Street, Charleston, SC 29403
$4,100,000
Property Type:
MultiFamily
Square Footage:
5,112
Lot Size (sq. ft.):
6,970
Status:
Closed
Current Price:
$4,200,000
List Date:
5/24/2025
Last Modified:
8/26/2025
Description
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.
Supplements: 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!
More Information MLS# 24029986
Contract Info
Primary Structure List Price/SqFt: 821.6
MLS List Date: 2024-12-03
Status: Closed
List Price: $4,200,000
Current Price: $4,100,000
Location, Tax & Legal
Legal Description: LOT 4 AND PART 5
Tax Map #: 4601201081
Street #: 44
Street Name: Morris
Street Suffix: Street
County: Charleston
State: SC
Zip Code: 29403
Area: 51 - Peninsula Charleston Inside of Crosstown
Tax District: 71 - City of Charleston
Subdivision: Cannonborough-Elliotborough
Elementary School: Memminger
Middle School: Courtenay
High School: Burke
Directions: Take Coming St. past Calhoun. House is on the corner of Morris and Coming St.
General Property Info
Potential Short Sale: No
Other Structures Y/N: No
Number of Units: 4
Primary Structure Apx SqFt: 5112
Year Built: 1875
Acreage: 0.16
Office/Member Info
Seller Concessions Negotiable Y/N: Yes
Status Change Info
Sold Price/SqFt: 802.03
New Mortgage Type: Conventional
Sold Date: 2025-08-25
SqFt Source
Builder/Owner: 1
Unit 1
SqFt: 1900
Bedrooms: 3
Baths: 2
Unit 2
SqFt: 1700
Bedrooms: 4
Baths: 2
Unit 3
SqFt: 756
Bedrooms: 2
Baths: 2
Unit 4
SqFt: 756
Bedrooms: 2
Baths: 2
Roof
Metal: 1
Exterior
Wood Siding: 1
Attic Features
Access: 1
Foundation
Crawl Space: 1
Slab: 1
Garage/Parking
Other (Use Remarks): 1
Driveway
Concrete: 1
Architectural Style
Condominium: 1
Quadplex: 1
New Owned/Pre-owned
Pre-Owned: 1
Equipment/Appliances
Ceiling Fan: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Electric Dryer Hookup: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Security System: 1
Stacked Washer/Dryer: 1
Washer: 1
Washer Hookup: 1
Cooling
Central Air: 1
Heat
Central: 1
Heat Pump: 1
Amenities
Bus Line: 1
Cable TV: 1
Laundry: 1
Trash: 1
Proposed Financing
Any: 1
Tenant Pays
No Utilities: 1
Possession
At Closing: 1
Water/Sewer
Public Sewer: 1
Public Water: 1
Utility Suppliers
Charleston Water Service: 1
Dominion Energy: 1
Property Features
SqFt Source: Builder/Owner
Roof: Metal
Exterior: Wood Siding
Attic Features: Access
Foundation: Crawl Space; Slab
Driveway: Concrete
Architectural Style: Condominium; Quadplex
Cooling: Central Air
Heat: Central; Heat Pump
Amenities: Bus Line; Cable TV; Laundry; Trash
Tenant Pays: No Utilities
Proposed Financing: Any
Possession: At Closing
Utility Suppliers: Charleston Water Service; Dominion Energy
Listing Office:
The Exchange Company, LLC
Last Updated: August - 26 - 2025
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