567 King St
Charleston, SC 29403

Marcus & Millichap is pleased to present to qualified investors the opportunity to acquire a two-story +/-4,800-SF mixed use property on historic King Street in downtown Charleston, SC. The property consists of +/-1,900-SF of street level retail with wide store front and +/-2,900-SF of residential space on the first and second floors. The residential space is currently operating as short term rental units (See Airbnb/VRBO pictures and links below). The entire second floor is a large luxurious 4Bed 4Bath residence, ideal for a vacation home, large parties and corporate rentals. The downstairs unit consists of 1Bed and 1Bath with an additional sleeper sofa, perfect for 1-4 guests. The units offer high end finishes, modern décor, and an unbeatable King Street location. The short term rental units generate consistent and increasing cash flow year over year. (Contact broker for financials). Only a handful of buildings located on King Street allow for short term rental (VRBO/Airbnb). This property would be a great purchase for an out of area investor who would have the opportunity to own a second home or vacation rental in Charleston that provides steady cash flow from the Airbnb and the commercial space. The retail space is currently available which also makes this an ideal investment for an owner user. An owner user could use the retail space for their business and collect the extra passive income from the short term rental units on the property. Irreplaceable real estate, beautiful historic building, killer location on King Street at a bite sized price point.