2340 Ashley River Rd - Residential Income FOR SALE


Charleston, SC 29414- West Ashley
$800,000 USD
843-725-1000
2340 Ashley River Rd, Charleston, SC for Sale
$800,000 USD
Residential Income - FOR SALE
1/9
null | Request Cap Rate

2340 Ashley River Rd
Charleston, SC 29414
West Ashley


HIGHLIGHTS

  • Large land usage
  • Great opportunities
  • Beautiful views

OVERVIEW

Waterfront Live/Work Opportunity on 0.88 Acres – Ashley River Historic Overlay District Located within the Ashley River Historic District, this 0.88-acre waterfront property offers a rare opportunity to combine residential living, business use, and income potential in one of the area’s most scenic settings. Featuring sweeping views of the Ashley River, the property delivers both functionality and lifestyle appeal. The existing single-family residence is situated within a commercially influenced neighborhood, surrounded by R-4 zoned properties, making it ideal for a variety of business uses. This property is particularly well-suited for contractors or service-based businesses—such as roofing, painting, or landscaping—requiring fleet vehicle storage, equipment space, and on-site accessibility. The home’s layout provides excellent flexibility for a live/work configuration, with space that can function as an office, reception area, or client-facing lobby while maintaining comfortable residential living quarters. In addition, the property presents a strong short-term rental opportunity (Airbnb or similar) given its waterfront setting and unique character. Originally built in 1932 and expanded in 1972, the structure may also lend itself to subdivision into two separate living spaces, allowing for dual rental income, an owner-occupied setup with supplemental income, or separate business/residential use. The expansive lot provides ample room for vehicle storage, equipment staging, or general outdoor use, further enhancing its appeal for business owners and investors alike. Property Highlights: Waterfront lot with sweeping Ashley River views 0.88 acres Located in the Ashley River Historic Overlay District Surrounded by R-4 zoned properties Ideal for live/work use Strong potential for Airbnb or short-term rental income Potential to subdivide interior into two living units Suitable for contractors and service-based businesses Ample space for fleet vehicles, storage, and equipment Public water and electricity in place Septic system for sewer

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$313 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Lodge/Meeting Hall

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

-

APN/PARCEL ID

3530200002

ASK ABOUT THIS PROPERTY

Ralph WetherellAgentOwned RealtyMore Info
843-725-1000

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Ralph WetherellAgentOwned RealtyMore Info
843-725-1000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.