207 Rutledge Ave, Charleston, SC 29403

Welcome to 207 Rutledge Avenue, a beautifully restored 1855 mixed-use property in the heart of Cannonborough-Elliotborough - one of Charleston's most sought-after historic neighborhoods. This one-of-a-kind property blends original character (exposed brick, historic ceiling tiles) with high-end modern finishes throughout. The ground floor is a stunning, fully-equipped event venue - home to the beloved former Hominy Grill and currently leased through Fall 2026 to acclaimed Hamby Catering & Events. Whether you continue the lease, relaunch it as your own restaurant or event space, or bring a new concept to life, the space comes move-in ready with premium FF&E already in place. Upstairs, two fully permitted short-term rental units (a 3BR/3BA and a 5BR/5BA) offer additional income potential in a neighborhood where home values have surged 18% to $1.2M+ in the past year alone. Located just steps from Upper King Street's booming development corridor - including the new Lowline Hotel, Greystar's Laurel project, and a luxury senior-living community - this property sits at the center of Charleston's next big growth wave, backed by a tourism economy that generated a record $14.4 billion in 2025. A rare blend of historic charm, in-place income, and unmatched flexibility - 207 Rutledge Avenue is an opportunity you won't find twice on the Charleston Peninsula.