112 Rutledge Avenue | Charleston | $2,895,000
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SHOW DETAILS
112 Rutledge Avenue Charleston, SC 29401 $2,895,000
6,369 SQ. FT.

112 Rutledge Avenue Charleston, SC 29401

For SALE Business ACTIVE
$2,895,000
EST. 7,287.39/MO CALCULATE
6,369 SQ. FT.

Property Description

112 Rutledge Avenue presents a rare opportunity to acquire a beautifully renovated, mixed-use investment property in the heart of Harleston Village. Positioned in one of Charleston's most sought-after neighborhoods, this asset offers a strong blend of stable income and future upside.The ground-floor medical office space is secured by a long-term lease through December 2029 at attractive market rates, providing consistent and reliable cash flow. Above, the second and third floors feature three residential units totaling nine bedrooms and four bathrooms. The residential component is nearly fully leased, with one recently renovated unit (Unit D) currently available--ideal for an owner-occupant or to be leased at market rates to further enhance income.The property also benefits from ten (10) dedicated parking spaces, a highly desirable amenity in this area. Six spaces are leased to the medical office tenant, while the remaining four are allocated to the residential units, generating additional rental income.Excellent Downtown Charleston location in the Historic District and adjacent to the hospital district, walking distance to the College of Charleston, Medical University of South Carolina and many retail sites.With recent renovations, strong in-place income, and the flexibility of a vacant unit, 112 Rutledge Avenue offers investors a compelling, turnkey opportunity in a premier location.Please refer to the attached brochure for detailed unit sizes and floor plans.TMS #: 457-03-02-120, 457-03-02-162, 457-03-02-163, 457-03-02-165, 457-03-02-165.Broker Richard Morse is also the owner.

Property Details

  • MLS ID31008684
  • Property TypeCommercial - Office
  • Current UseMixed Use, Multi-Family
  • Days on Site1
  • Parcel Number4570302120
  • Parking Total10.00
  • SewerPublic Sewer
  • WaterPublic
  • Year Built1925
  • ZoningCity of Charleston - STR - Single And Two Family Residential

Listed By / Shown By

Listed By

Agency Name: Palmetto Commercial Prop, LLC

SCCMLS

Shown By

Agent Name: Karen G McPherson
Agent Phone: (843) 343-1766
Agency Title: Carolina One Real Estate

SCCMLS

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Karen G McPherson
Karen G McPherson (843) 343-1766

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112 Rutledge Avenue

Karen G McPherson

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Karen G McPherson
Karen G McPherson (843) 343-1766

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