Viewing Listing MLS# 26005458

$5,500,000 No Recent Price Change
241 E Bay Street
Charleston, SC 29401
  • 9Beds
  • 9Full Baths
  • N/AHalf Baths
  • 11,752SqFt
  • 1871Year Built
  • 0.15Acres
  • MLS# 26005458
  • Residential
  • Single Family Detached
  • Active

  • Approx Time on Market6 days
  • AreaHistoric Charleston
  • CountyCharleston
  • Subdivision Ansonborough

Overview

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.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 Bay was added during the 1986 Restoration. Comprehensive renovations from 2015 to 2021, including mechanical systems, windows, interior updates.2025 gross income $588,061. Showings limited due to bookings. This property is turnkey and ready to go!



Agriculture / Farm

Grazing Permits Forest Service:  No

Grazing Permits Private:  No

Grazing Permits Blm:  No

Farm Credit Service Incl:  No

Association Fees / Info

Bathroom Info

Fullbaths:  9

Building Info

Levels:  3 Stories

Year Built:  1871

Business Info

Buyer Compensation

Exterior Features

Style:  Traditional

Garage / Parking

Gar Pkg:  Other

Green / Env Info

Interior Features

Lot Info

Lot Size:  0.15

Lot Size Units:  Acres

Acres:  0.15

Lot Sqft:  6534

Irrigation Water Rights:  No

Offer Compensation

Other

Mobile Home Remains:  No

Property Info

Property Type:  A

Stories:  3

Exterior:  Block, Stucco

Roof:  Metal

Property Subtype:  No

Building Area Units:  Square Feet

Home Warranty:  No

Habitable Residence:  No

Room Info

Beds:  9

Sale / Lease Info

Lease Renewal Option:  No

Lease Considered:  No

Lease Assignable:  No

Special Features

Sqft Info

Sqft:  11752

Unit Info

Utilities / Hvac

Water Source:  Public

Utilities:  Charleston Water Service, Dominion Energy

Heating:  Yes

Heat:  Central, Ductless, Forced Air

Water Sewer:  Public Sewer

Cooling:  Central Air

Cooling:  Yes

Waterfront / Water

Schools

Elem:  Memminger

Middle:  Simmons Pinckney

High:  Burke

Directions

Corner Of East Bay Street And Guignard Street.

Courtesy of listing office Carriage Properties LLC 

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On elizabethgroup.net since Thu, Feb 26th 2026
No Property History recorded for this listing.

Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than The Elizabeth Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 03-05-2026 10:01 AM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2026 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2026 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 03-05-2026 10:01 AM EST est.

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