Viewing Listing MLS# 25016410
Charleston, SC 29401
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- 9,700SqFt
- 1872Year Built
- 0.00Acres
- MLS# 25016410
- Multi Family
- Active
- Approx Time on Market1 month, 13 days
- AreaHistoric Charleston
- CountyCharleston
- Subdivision Downtown
Overview
Investor bulk sale of 5 luxury condominium units in the renovated historic Masonic Lodge at 71 Wentworth St (270 King St). Price is $15,950,000 with $856,000 in FF&E included in the price. This is a seamless transition for a hands-off investor. The units are 100% NNN leased to Inspirato, Inc., a publicly traded luxury travel club. The combined annual NOI for the 5 units is $759,917. The 10-year leases expire in 2034 with the landlord's right to terminate beginning in July 2029. Each unit comes with one reserved, leased parking space in the adjoining parking garage. Please see our OM in Documents for a full description.
Agriculture / Farm
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Horse: No
Farm Credit Service Incl: No
Association Fees / Info
Community Features: Elevators, Security
Bathroom Info
Building Info
Year Built: 1872
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Pool Private: No
Garage / Parking
Gar Pkg: 1 Car
Garage: No
Attached Garage: No
Interior Features
Fireplace: No
Laundry Features: Electric Dryer Hookup, Washer Hookup
Lot Info
Lot Size Units: Acres
Acres: 0.00
Irrigation Water Rights: No
Offer Compensation
Other
Security Features: Fire Sprinkler System, Security System
Mobile Home Remains: No
Property Info
Property Type: B
Stories: 2
New Construction: No
Property Subtype: No
Building Area Units: Square Feet
View: No
Home Warranty: No
Habitable Residence: No
Structure Type: Condominium
Room Info
Sale / Lease Info
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Sqft Info
Sqft: 9700
Unit Info
Number of Units Total: 5
Unit: Units 202,203,204,20
Utilities / Hvac
Water Source: Public
Utilities: Charleston Water Service, Dominion Energy
Heating: No
Water Sewer: Public Sewer
Cooling: No
Waterfront / Water
Waterfront: No
Directions
Southeast Corner Of King And Wentworth Streets. Entry On Wentworth.Courtesy of listing office CBRE, Inc
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 Palmetto Coast Real Estate 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 07-26-2025 9:01 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.
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