McConnell Family Sells Historic Mount Pleasant Property

The 0.79-acre site on North Highway 17 sold for $1.3 million to a buyer planning to preserve the historic structure.

Updated on Oct. 16, 2026 in Openings & Closings

Bold flat-color editorial illustration of a historic brick storefront facade, evoking the architectural preservation of a local landmark. — A historic commercial property in Mount Pleasant, South Carolina, has been sold for $1.3 million to an investor planning building preservation. AI Illustration. Upload story photo >

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Should local historic buildings be preserved even when their original business use has ended?

The historic A.B. McConnell store property in Mount Pleasant has been sold for $1.3 million. The new owner, AB McConnell Legacy, plans to renovate and preserve the building that was originally constructed in 1939.

Why it matters

The sale marks a final chapter for the McConnell family, who decided to offload the site following the closure of the business in 2014 and the passing of owner Mary McConnell in 2017.

The property sale fetched $1.3 million for the 0.79-acre parcel and the 2,400-square-foot commercial building. The historic site has remained vacant since the business closed around 2014.

The players

The McConnell family

This group operated the historic commercial store in Mount Pleasant from 1939 until its closure.

AB McConnell Legacy

This entity is the new owner of the property and intends to renovate the historic building.

Mary McConnell

She was the longtime owner of the store until her death in 2017.

The details

The transaction followed a competitive proposal process in which the buyer conducted extensive due diligence with architects and contractors. The new owner intends to protect the structure, which stands as a landmark from its 1939 origin.

The store was built and opened in 1939.
The business closed in 2014.
Longtime owner Mary McConnell passed away in 2017.
The property sale officially closed on Oct. 8, 2026.
The agent announced the sale online on Oct. 13, 2026.

Market Landscape

The sale highlights the growing interest in adaptive reuse of historic commercial sites, shifting away from new construction. This project aligns with a broader trend of preserving neighborhood heritage amidst Mount Pleasant development.

Local residents will see the preservation of a historic landmark on North Highway 17 rather than its demolition. The renovation plans ensure the site remains a standing piece of community history instead of becoming a new commercial development.

The takeaway

Preserving historic properties requires careful collaboration between buyers and preservation-focused contractors. This sale demonstrates how legacy assets can find new life when purchased by owners committed to maintaining local character.