Viewing Listing MLS# 31006127

$4,850,000 No Recent Price Change
221 Ashley Avenue UNIT Abc
Charleston, SC 29403
  • $1,061.04Price per SqFt
  • 4,571SqFt
  • 76Days on Market
  • N/AZoning
  • 1995Year Built
  • HospitalityUse
  • MLS# 31006127
  • Commercial Sales
  • Hospitality
  • Active

  • Approx Time on Market2 months, 15 days
  • AreaHistoric Charleston
  • CountyCharleston
  • Subdivision N/A

Overview

The Chapel Lofts offers an exceptional opportunity to own a legal, fully licensed, income-producing short-term rental property located in the heart of downtown Charleston. This unique offering includes three separate units totaling 13 bedrooms, with the rare bonus of 8 off-street parking spaces. Originally constructed in 1994 as a wedding chapel, the striking front building was thoughtfully renovated in 2012 to create a stunning 5-bedroom, 4.5-bath residence. Its open-concept living space boasts soaring vaulted ceilings and a spacious kitchen and lounge area ideal for entertaining. Also built in 2012, the rear carriage house features two 4-bedroom, 4-bath units, each designed with style, comfort, and guest experience in mind. Interiors throughout all three units are beautifully decorated and updated, offering turnkey functionality for continued short-term rental success. All furnishings and decor convey with the sale for seamless operational continuity. Perfectly positioned on desirable Ashley Avenue, this property is just a short stroll to Charleston's celebrated dining, shopping, and cultural attractions. Whether you're expanding your investment portfolio or seeking a rare STR-compliant asset in Charleston, The Chapel Lofts delivers unmatched charm, income potential, and location.



Building Info

Anchored:  No

Year Built:  1995

Financial

Garage / Parking

Parking Type:  Surface

Lot Info

County:  Charleston

Land Size:  0.00

Misc

Title:  The Chapel Lofts

Offer Compensation

Property Info

Second Property Subtype:  Hospitality, Multi Family

Zoning:  City of Charleston - LB - Lim

Nearest Msa:  Charleston-North Charleston, SC

Sale Terms:  1031 Exchange, Cash, Conventional

Property Type:  A

Original Price:  $4,850,000

Property Use Type:  Commercial, Hospitality, Investment, Vacation/Resort

Class Type:  Hospitality

Sold Info

Sqft Info

Rentable Area:  4571

Unit Info

Unit:  Abc

Utilities / Hvac

Water Source:  Public

Sewer:  Public Sewer

Directions

From Hwy 17 N headed into Charleston, stay right to turn onto Lockwood Dr, take a left at Calhoun St, then take a left onto Ashley Ave, property will be on your left.

Courtesy of listing office Keller Williams Realty Charles 

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On charlestonneighborhoods.com since Mon, May 5th 2025
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 Realty ONE Group Coastal 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 07-21-2025 8:29 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 2025 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2025 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 07-21-2025 8:29 AM EST est.

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