241 East Bay Street, Charleston, SC 29401

$5,500,000

Property Type: MultiFamily Square Footage: 11,752 Lot Size (sq. ft.): 6,534 Status: Active

Current Price: $5,500,000 List Date: 2/26/2026 Last Modified: 2/27/2026

Overview

Description

Beautifully restored and well maintained, this 4 unit masonry structure is located in the center of the Historic District, one block from the City Market, surrounded by fine restaurants and shopping. The property also includes its own parking with 9 spaces onsite. Zoned General Business and located within the accommodation zone, approval for 4 unit accommodations, currently operating as the Charleston Chestnut Mansion, a 4 unit short term rental. This versatile property can operate as short term or long term rentals, or offices giving one flexible use into the future depending upon market needs, especially with its corner location on East Bay and Guignard Streets. All 4 units are completely updated and furnished with bookings well into the future.

Supplements: Each unit has a separate entrance. The first floor has two 2 BD units at 1,400 SQFT each. The second floor is over 3,300 SQFT, with 3 BDs, 3BAs, and elevator access. The third level spans the upper floor with over 2,100 SQFT and 2 BDs. Originally 2 separate structures, with the original built in 1871 (241 East Bay), a later addition at 243 East B … (Read more)

Listing Details MLS# 26005460

Location, Tax & Legal

Tax Map #: 4580503031
Street #: 241
Street Name: East Bay
Street Suffix: Street
County: Charleston
State: SC
Zip Code: 29401
Area: 51 – Peninsula Charleston Inside of Crosstown
Tax District: 71 – City of Charleston
Subdivision: Ansonborough
Elementary School: Memminger
Middle School: Simmons Pinckney
High School: Burke
Directions: Corner of East Bay Street and Guignard Street.
Legal Description: LT B

Contract Info

MLS List Date: 2026-02-26
Primary Structure List Price/SqFt: 468.01

General Property Info

Number of Units: 4
# Stories: 3
Primary Structure Apx SqFt: 11752
Year Built: 1871
Acreage: 0.15
Potential Short Sale: No
Other Structures Y/N: No

More Information

SqFt Source

Tax Records: Yes

Roof

Metal: Yes

Exterior

Block/Masonry: Yes
Stucco: Yes

Driveway

Concrete: Yes
Gravel: Yes

Architectural Style

Quadplex: Yes

New Owned/Pre-owned

Pre-Owned: Yes

Cooling

Central Air: Yes
Ductless: Yes

Heat

Central: Yes
Ductless: Yes
Forced Air: Yes

Proposed Financing

Cash: Yes
Conventional Loan: Yes

Possession

At Closing: Yes
Negotiable: Yes

Special

Flood Insurance: Yes

Water/Sewer

Public Sewer: Yes
Public Water: Yes

Utility Suppliers

Charleston Water Service: Yes
Dominion Energy: Yes

Property Features

SqFt Source: Tax Records Roof: Metal Exterior: Block/Masonry; Stucco Driveway: Concrete; Gravel Architectural Style: Quadplex Cooling: Central Air; Ductless Heat: Central; Ductless; Forced Air Proposed Financing: Cash; Conventional Loan Possession: At Closing; Negotiable Special: Flood Insurance Utility Suppliers: Charleston Water Service; Dominion Energy

Documents

LBP ›

SD ›

Plans ›

Listing Office: Carriage Properties LLC

Last Updated: February – 27 – 2026

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241 East Bay Street, Charleston, SC 29401 (MLS# 26005460)