71 Wentworth Street Units 202,203,204,206,301, Charleston, SC 29401
$15,950,000
Property Type:
MultiFamily
Square Footage:
9,700
Status:
Active
Current Price:
$15,950,000
List Date:
6/12/2025
Last Modified:
9/25/2025
Description
Investor bulk sale of 5 luxury condominium units in the renovated historic Masonic Lodge at 71 Wentworth St (270 King St). Price is $15,950,000 with $856,000 in FF&E included in the price.
This is a seamless transition for a hands-off investor. The units are 100% NNN leased to Inspirato, Inc., a publicly traded luxury travel club. The combined annual NOI for the 5 units is $759,917. The 10-year leases expire in 2034 with the landlord's right to terminate beginning in July 2029. Each unit comes with one reserved, leased parking space in the adjoining parking garage.
Please see our OM in Documents for a full description.
More Information MLS# 25016410
Contract Info
Primary Structure List Price/SqFt: 1644.33
MLS List Date: 2025-06-12
Status: Active
List Price: $15,950,000
Current Price: $15,950,000
Location, Tax & Legal
Unit #: Units 202,203,204,206,301
Legal Description: 1-PolTwp MapPlatB 1227 MapPlatP 376 SubdivisionName 270 KING STREET HPR Block Lot B206 GovLot Tract
2-PolTwp MapPlatB 1227 MapPlatP 376 SubdivisionName 270 KING STREET HPR Block Lot B203 GovLot Tract
3-PolTwp MapPlatB 1227 MapPlatP 376 SubdivisionName 270 KING STREET HPR Block Lot B202 GovLot Tract
4-PolTwp MapPlatB 1227 MapPlatP 376 SubdivisionName 270 KING STREET HPR Block Lot B204 GovLot Tract
5-MapPlatB 1227 MapPlatP 376 SubdivisionName 270 KING STREET HPR Lot C301
Tax Map #: 4570801127
Street #: 71
Street Name: Wentworth
Street Suffix: Street
County: Charleston
State: SC
Zip Code: 29401
Area: 51 - Peninsula Charleston Inside of Crosstown
Tax District: 71 - City of Charleston
Subdivision: Downtown
Elementary School: Memminger
Middle School: Simmons Pinckney
High School: Burke
Directions: Southeast corner of King and Wentworth Streets. Entry on Wentworth.
General Property Info
# Stories: 2
Ground Level: No
Occupancy: Leased
Potential Short Sale: No
Other Structures Y/N: No
Number of Units: 5
Primary Structure Apx SqFt: 9700
Year Built: 1872
SqFt Source
Builder/Owner: 1
Garage/Parking
1 Car: 1
Architectural Style
Condominium: 1
New Owned/Pre-owned
Pre-Owned: 1
Equipment/Appliances
Built-In Gas Oven: 1
Dishwasher: 1
Disposal: 1
Electric Dryer Hookup: 1
Fire Sprinkler: 1
Gas Range: 1
Microwave: 1
Refrigerator: 1
Security System: 1
Washer Hookup: 1
Amenities
Elevators: 1
Security: 1
Sale Includes
All Furniture: 1
Other (Use Remarks): 1
Tenant Pays
All 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
Architectural Style: Condominium
Amenities: Elevators; Security
Sale Includes: All Furniture; Other (Use Remarks)
Tenant Pays: All Utilities
Possession: At Closing
Utility Suppliers: Charleston Water Service; Dominion Energy
Documents
Offering Memorandum ›
Listing Office:
CBRE, Inc
Last Updated: September - 25 - 2025
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