27 State, Charleston, 29401

Multi-Family For Sale


MLS® #: 17033042

Income producing property. A landmark corner of Charleston's French Quarter neighborhood within the original walled city, 27 State Street is an excellent investment opportunity. The c. 1814 residential building with first floor commercial space includes the carriage house and kitchen house. The three buildings are now connected around a piazza and a central courtyard with Philip Simmons gates. The current use includes an art gallery, a grand owner's apartment above the gallery, and additional apartments for long term rentals. There are also 2 units that are licensed short term rentals. The combination of rich patina, handsome architectural lines, and the arched and louvered piazza is authentic Charleston.Classified a Category 2 Building in Charleston's Architectural Survey, 27 State is rated ''Excellent...well designed and proportioned'' and of "irreplaceable importance." The design has been described as simple, straightforward elegance made interesting with the West Indies influence. Net operating income ranges from 230,000 to 290,000 and could likely be higher. No preservation easements have been placed on this property. Floor Plans and other information in documents. Owner financing offered.

Essential Information

MLS® #: 17033042
Price: $4,385,000
$/SqFt: $557
Square Footage: 7,877
Acres: 0.08
Year Built: 1814
Type: Multi-Family
Style: More than 4, Other
Status: Active


# of Stories: 4


Exterior: Solid Brick, Stucco

Community Information

Address: 27 State
Area: Peninsula Chas. inside of crosstown
City: Charleston
County: Charleston
State: SC
Zip Code: 29401

School Information

Elementary: Sanders-clyde
Middle: Simmons Pinckney
High: Burke

Additional Information

Listing Office: Carriage Properties LLC

Scott Campbell

Your contact at Prestige Real Estate

I am delighted to answer any questions you may have.

Please provide a valid email address.
Prestige Real Estate Group
Prestige Real Estate Group LLC
1156 Bowman Road, Suite 200
Mt. Pleasant, SC 29464
1 (843) 259-9913

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