235 Meeting St
Charleston, SC 29401
Retail Property For Sale

Meeting Street Suites presents a rare opportunity to acquire a boutique, income-producing asset in the heart of Historic Downtown Charleston, one of the most visited and architecturally significant districts in the Southeast. Positioned at the iconic intersection of Meeting Street and Hassell Street, the property sits just steps from the Charleston City Market, King Street’s nationally recognized retail corridor, and an array of award-winning restaurants, galleries, and cultural attractions. This highly walkable peninsula setting provides enduring demand from both leisure and business travelers, reinforcing the long-term strength of short-term rental operations in this location.
The offering consists of five individually deeded condominiums: four beautifully updated residential units currently operating as successful VRBO rentals within the short-term rental overlay district, and one office condominium located within 81 Hassell Street. Each residential suite features tall smooth ceilings, refinished floors, fireplaces, upgraded kitchens, and historic brick and wood beam detailing dating back to 1850, creating an authentic Charleston experience guests consistently seek. The units enjoy elevator access, unique city and rooftop views, and convenient proximity to the shared outdoor patio.
Financial performance is robust, with 2025 revenues reaching $349,909 supported by strong booking momentum across the Manhattan, Soho, Carolina, and Charleston Suites. Combined with additional income from the leased office suite, the property generated $189,741 in NOI, indicating a valuation of approximately $2.9 million at a 6.5 percent capitalization rate. This flexible, multi-unit structure allows a buyer to hold as a cash-flowing portfolio, sell units individually, or reposition the asset as desired.
With walkability, historic pedigree, strong in-place income, and a proven hospitality-driven demand base, Meeting Street Suites offers an exceptional opportunity to own a turnkey asset in one of Charleston’s most sought-after corridors.