Cannonborough Real Estate

Cannonborough Real Estate

Welcome to Cannonborough, a vibrant and charming subdivision nestled in the heart of historic Charleston, South Carolina. This delightful neighborhood offers a unique blend of Southern charm and modern conveniences, making it one of the most sought-after areas in the city.

Cannonborough is characterized by its picturesque tree-lined streets, beautifully restored historic homes, and a strong sense of community. The architecture here reflects the rich heritage of Charleston, with many properties showcasing classic Lowcountry designs, inviting porches, and intricate details that tell a story of the past. Residents take pride in their homes, creating a warm and welcoming atmosphere that captivates both locals and visitors alike.

One of the standout features of Cannonborough is its proximity to downtown Charleston. Just a stone's throw away, you’ll find an array of boutique shops, trendy restaurants, and cultural attractions that make this city a vibrant place to live. Enjoy leisurely strolls to the nearby parks or indulge in the culinary delights at some of the finest eateries in the region.

For those who appreciate the great outdoors, Cannonborough is conveniently located near the picturesque waterfront and a variety of recreational options. Whether it's a morning jog along the scenic pathways or an afternoon picnic with family and friends, there’s no shortage of ways to soak in the natural beauty of this charming area.

With its rich history, community spirit, and prime location, Cannonborough is more than just a subdivision; it's a lifestyle. Come experience the allure of Charleston living in this enchanting neighborhood!

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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