- For Sale Contact for pricing
- Property Type Other
- Lot Size 0.2 Acre
- Date Updated May 15, 2026
Description
54 LINE STREET presents a rare opportunity to acquire a site at the heart of Charleston’s most prestigious growth corridor. Colliers is now accepting offers for this exceptional property; deadline for offer submission is 6/1/2026. Positioned between King Street and Meeting Street in the Cannonborough-Elliottborough district, the ±0.20-acre site could accommodate either a 50-key boutique hotel, an 75-unit multifamily development, a 50-key apartment-hotel or a mixed-use development.
The property sits directly adjacent to Courier Square Phase III, a $185 million mixed-use development by Greystar that broke ground in late 2024, next door to Line & Low a $120 million mixed-use development and borders the Lowcountry Lowline, a years-in-the-making ±2-mile linear park and greenway that broke ground in December 2025. Charleston’s tourism economy generated a record $14 billion in economic impact in 2024 and the downtown boutique hotel segment commands nightly rates that are, in some cases, as high as $1,600 per night. The site offers an investor or developer the chance to enter a proven, supply-constrained market.
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