Cannonborough Real Estate

Cannonborough Real Estate

Welcome to Cannonborough, a charming subdivision nestled in the heart of Charleston, South Carolina. Known for its rich history and vibrant community, Cannonborough offers a unique blend of Southern charm and modern living, making it one of the most sought-after neighborhoods in Charleston.

Cannonborough boasts tree-lined streets, beautifully preserved historic homes, and a welcoming atmosphere that invites you to explore its picturesque surroundings. The area is characterized by its distinct architectural styles, ranging from classic Charleston single houses to contemporary townhomes, each exuding character and warmth. Residents enjoy a strong sense of community, with friendly neighbors and a variety of local events that foster connections.

One of the highlights of living in Cannonborough is its proximity to downtown Charleston, where you’ll find an array of boutiques, art galleries, and award-winning restaurants. The vibrant culinary scene is a testament to the city’s rich heritage, offering everything from traditional Lowcountry dishes to innovative cuisine. Additionally, the nearby parks and waterfront areas provide ample opportunities for outdoor recreation, whether you’re taking a leisurely stroll or enjoying a picnic with family and friends.

Cannonborough is also conveniently located near local schools, healthcare facilities, and public transportation, ensuring that residents have access to all the essentials. With its perfect blend of historic charm and modern convenience, Cannonborough is more than just a place to live; it’s a community where memories are made and friendships flourish. Discover the beauty of Cannonborough and experience the best of Charleston living today!

Newest Listings in Cannonborough

$4,695,000
5 Beds 26017763 MLS Cannonborough SubDv. Active Status
A rare opportunity to own a newly constructed mixed-use investment property in the heart of Charleston's rapidly growing Upper King Street corridor. Completed in 2024, 651 King Street offers approximately 4,253 square feet across three stories, featuring a fully operational 5 bed, 4.5 bath luxury short-term rental on the upper floors and a ground-floor commercial space occupied by Steep Me Tea Apothecary under a long-term NNN lease. The upper-level accommodation delivers a premium guest experience with upscale finishes, spacious gathering areas, and a rooftop terrace overlooking one of Charleston's most vibrant commercial districts. The property benefits from its location within the highly sought-after Cannonborough-Elliotborough STR Overlay, one of the few areas on the peninsula where commercial short-term rentals are permitted. Positioned on the prominent corner of King and Line Streets, the property sits directly adjacent to Courier Square, a transformative $500M+ mixed-use redevelopment that continues to reshape this section of downtown Charleston with luxury residential, retail, office, hospitality, and public gathering spaces. Additional nearby growth drivers include Greystar's global headquarters, MUSC, WestEdge, the College of Charleston, and numerous new residential and commercial developments. The ground-floor commercial space was purpose-built for restaurant or retail use and includes restaurant infrastructure such as a grease trap and designated hood location. Combining stable commercial income with the upside of Charleston's thriving luxury hospitality market, this turnkey asset presents a unique opportunity to acquire a modern, income-producing property in one of the city's most supply-constrained and rapidly appreciating locations.

651 King Street, Charleston

$3,100,000
26002812 MLS Cannonborough SubDv. Active Status
An exceptional opportunity to acquire a fully renovated, fully licensed commercial short-term rental complex in the heart of downtown Charleston. 140 Spring Street is a boutique, three-unit offering designed to command premium nightly rates while delivering a rare combination of privacy, parking, and outdoor living--features that consistently outperform in Charleston's high-barrier STR market.The property features two spacious 3-bedroom / 2-bath residences and one well-appointed 1-bedroom unit, creating multiple income streams ideal for group travel, extended stays, and high-yield weekend demand. Renovations were thoughtfully executed to preserve historic charm while delivering modern finishes that today's guests expect. A true differentiator is the private, walled courtyard exclusive to one of the 3-bedroom units. Complete with a gazebo, brick fireplace, and dedicated sitting area, this outdoor sanctuary significantly enhances guest experience and booking appeal. The courtyard also offers potential for a plunge poolan extraordinary rarity in downtown Charleston and a proven lever for materially increasing ADRs and annual revenue. Off-street parking further strengthens the asset's competitive position, while in-place commercial STR licensing allows for immediate operation with no entitlement risk. Beyond operational performance, ownership offers significant tax advantages unique to short-term rentals, including the potential for accelerated depreciation and cost segregation, which may allow investors to offset a substantial portion of incomeoften without passive activity limitations, subject to individual circumstances and tax strategy. This is a rare opportunity to acquire a stabilized, scalable, and tax-advantaged STR asset in one of the Southeast's most supply-constrained and resilient markets. $300,000.00/ in annual revenue projected from a reputable local management company.

140 Spring Street Unit #Abc, Charleston

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