29 Broad St Charleston, SC 29401

This exceptional Charleston property at 29 Broad Street offers a unique blend of historical charm and modern luxury. The meticulously renovated 4-story building, originally constructed in 1790 and extensively updated in 2020, boasts 4,750 square feet of mixed-use space, encompassing three distinct units. The ground floor features a 750-square-foot Class A commercial storefront, ideal for a variety of retail ventures. Above, two luxurious residential units provide significant income potential or serve as primary residences. Unit C, a 2,500-square-foot, three-bedroom, 3.5-bathroom residence, includes a private rooftop deck. Unit B offers 1,500 square feet of living space with two bedrooms, 2.5 bathrooms, a courtyard, and a terrace. The building benefits from 850 square feet of outdoor space, is located in a high-ground X flood zone, and offers the option of leased parking spaces. The asking price is $5,500,000, reflecting a 4.36% cap rate and a net operating income (NOI) of $240,000. This turnkey investment opportunity combines the allure of a historic Charleston location with the convenience and profitability of a mixed-use property, offering a compelling return on investment. The property is zoned LB and sits on a 0.06-acre lot. All residential units are fully furnished. The extensive renovation was completed by Renew Urban Charleston, preserving the historical authenticity while incorporating modern amenities. This property presents a rare opportunity to own a piece of Charleston history while enjoying a strong income stream.