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$ 3,735,000
Est. payment /mo
Active
46 Pinckney ST Charleston, SC 29401
UPDATED:
Key Details
Property Type Commercial
Sub Type Hospitality
Listing Status Active
Purchase Type For Sale
MLS Listing ID 31009412
Year Built 1851
Property Sub-Type Hospitality
Property Description
A rare hospitality and investment opportunity in Charleston's Historic District, the Jacob Rabb House, circa 1851, is an established, licensed short-term rental in coveted Ansonborough. $268K in gross rental revenue is currently on the books for 2026, with current management projecting approximately $274K in year-end 2026 gross revenue and targeting $299K for 2027.Just steps from the City Market and within walking distance of King Street, Waterfront Park, world-class dining and many of Charleston's most visited attractions, the property is exceptionally positioned within Charleston's tourism and hospitality market.The approximately 2,770-square-foot, three-story property features 4 bedrooms and 3.5 baths with a thoughtful blend of historic Charleston character and sophisticated modern updates. Highlights include a chef-inspired kitchen with La Cornue range and Carrara marble countertops, two classic Charleston piazzas, a private walled garden, expansive courtyard and patio, and rare off-street parking for approximately two to three vehicles.The property's substantial indoor and outdoor gathering spaces also provide the ability to accommodate private events, creating an additional hospitality opportunity, subject to applicable licenses, regulations and approvals.The property has an established short-term rental history and transitioned to new professional management in March 2026. It may also appeal to a second-home buyer seeking to generate rental income during periods of non-use, helping offset ownership expenses while retaining flexibility for personal enjoyment.Few downtown Charleston properties combine an established hospitality operation, historic provenance, walkability, private outdoor entertaining space, off-street parking and multiple potential revenue opportunities. Financial and rental performance information is available to qualified prospects upon request. Revenue figures and projections are based on information provided by ownership/current management and are not guarantees of future performance.
Location
State SC
County Charleston
Zoning City of Charleston - CT - Commercial Transitional
Exterior
Parking Features Surface
Garage Spaces 3.0
Building
Sewer Public Sewer
Water Public
Listed by Hunter Diggins • King and Society Real Estate
NEARBY SCHOOL & BUSINESS
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