For Sale
$3,900,000

159 Rutledge AveCharleston, SC 29403

Downtown Charleston retail, fully renovated

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents two fully renovated historic buildings in the heart of downtown Charleston, South Carolina. The main building, 159 Rutledge Avenue, boasts 7,479 square feet across three stories, featuring meticulously restored interiors with exposed brick, reclaimed wood, and exposed beams. Modern updates include a new plumbing, electrical, and HVAC system, a modernized elevator, and a sprinkler system, all compliant with current codes. ADA-compliant ingress/egress points and bathrooms enhance accessibility. The first floor includes a prep kitchen and a 500lb Hoshizaki ice machine. The second floor showcases original wood flooring, immaculate exposed brick fireplaces, and enclosed Charleston single-style piazzas. The adjacent two-story carriage house at 159 1/2 Rutledge Avenue offers an additional 1,325 square feet, perfect for residential or office use, with three bedrooms and two bathrooms. The property sits on a lot with 22 parking spaces, offering potential for vertical expansion. The buildings are zoned LB - Limited Business, and were built in 1845 and completely renovated in 2018. The total square footage is 8,759 square feet. This unique property offers a blend of historic charm and modern functionality, presenting endless possibilities for a discerning investor. The asking price is $3,900,000.

Highlights

  • Two fully renovated historic buildings in downtown Charleston, SC.
  • Main building (159 Rutledge Ave): 7,479 SF, three stories, updated systems (plumbing, electrical, HVAC, elevator, sprinkler), ADA compliant, prep kitchen, 500lb ice machine.
  • Adjacent carriage house (159 1/2 Rutledge Ave): 1,325 SF, two stories, three bedrooms, two bathrooms.
  • 22 parking spaces, potential for vertical expansion.
  • LB zoning, built 1845, renovated 2018, total 8,759 SF.
  • Asking price: $3,900,000.

Property Details for 159 Rutledge Ave

Property type
Retail properties
Square Feet
8,759 SF
Year Built/Renovated
1845/2018
Buildings
1
Stories
4

Location Insight

City
Charleston
County
Charleston
State
South Carolina
Latitude
32.8007242
Longitude
-79.9500477
159 Rutledge Ave, Charleston, South Carolina

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159 Rutledge Ave
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