Cannonborough Real Estate

Cannonborough Real Estate

Cannonborough: A Charming Subdivision in Charleston, South Carolina

Nestled in the heart of Charleston, South Carolina, Cannonborough is a picturesque subdivision that offers a unique blend of history, charm, and modern amenities. Located in Charleston County, this vibrant neighborhood is known for its beautiful architecture, tree-lined streets, and friendly community atmosphere.

Cannonborough is ideally situated in the city of Charleston, allowing residents to enjoy the best of both worlds - the tranquility of suburban living and the convenience of urban amenities. With its close proximity to downtown Charleston, residents have easy access to a wide array of dining, shopping, and entertainment options.

One of the standout features of Cannonborough is its rich history. The neighborhood is home to a number of well-preserved historic homes, showcasing the architectural styles of the past. Walking through the streets of Cannonborough feels like stepping back in time, with its charming homes and cobblestone sidewalks.

In addition to its historical significance, Cannonborough also boasts a thriving arts and culture scene. The neighborhood is dotted with art galleries, boutique shops, and local theaters, offering residents plenty of opportunities to explore and appreciate the local talent.

For outdoor enthusiasts, Cannonborough is just a short distance away from beautiful parks and green spaces. Whether you're looking to take a leisurely stroll, have a picnic, or enjoy a game of frisbee with friends, there are plenty of options to choose from.

With its prime location, rich history, and vibrant community, Cannonborough is an ideal place to call home for those seeking a unique and charming neighborhood in Charleston, South Carolina.

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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