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21 Broad St. - 3 Unit Mixed-Use Opportunity 21 Broad St 4,254 SF 100% Leased Retail Building Charleston, SC 29401 $4,399,000 ($1,034.09/SF)
INVESTMENT HIGHLIGHTS
- Heavy daytime foot traffic
- Located on Historic Broad Street
- Fully Renovated
- Mixed-Use Opportunity
EXECUTIVE SUMMARY
21 Broad Street offers a rare opportunity to own a fully renovated, income-generating historic property in the heart of downtown Charleston. Originally built in 1802 and completely updated in 2018 (with additional improvements in 2023), this 4,254 sq ft mixed-use building spans four floors and provides both commercial and residential income streams with unmatched versatility. The first floor features a professional office suite with a shared conference room and four private offices, ideal for business tenants or an owner seeking a prestigious Broad Street address. The second floor is a 2-bedroom residence operating as a successful short-term rental with a rare, grandfathered B&B license — a highly valuable asset in Charleston's tightly regulated market.
The top two floors are home to a spacious 3-bedroom, 2.5-bath apartment with updated kitchen and baths, perfect for long-term rental income or owner occupancy. Currently fully leased with tenants in place, the property produces over $265,000 gross ($200,000) net income annually. Additional highlights include two off-street parking spaces, updated systems and finishes throughout, and a prime location within walking distance to the Battery, White Point Gardens, award-winning restaurants, coffee shops, and galleries.
Whether maintained as a turn-key investment, converted to a live-work arrangement, or adapted for full owner occupancy, 21 Broad Street blends Charleston's historic charm with modern function and proven rental income.
The top two floors are home to a spacious 3-bedroom, 2.5-bath apartment with updated kitchen and baths, perfect for long-term rental income or owner occupancy. Currently fully leased with tenants in place, the property produces over $265,000 gross ($200,000) net income annually. Additional highlights include two off-street parking spaces, updated systems and finishes throughout, and a prime location within walking distance to the Battery, White Point Gardens, award-winning restaurants, coffee shops, and galleries.
Whether maintained as a turn-key investment, converted to a live-work arrangement, or adapted for full owner occupancy, 21 Broad Street blends Charleston's historic charm with modern function and proven rental income.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,254 SF
Building Class
C
Year Built/Renovated
1802/2018
Price
$4,399,000
Price Per SF
$1,034.09
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
1.40
Lot Size
0.07 AC
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 458-09-03-129 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $61,410 |
PROPERTY TAXES
Parcel Number
458-09-03-129
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$61,410
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21 Broad St. - 3 Unit Mixed-Use Opportunity | 21 Broad St
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