1440 S Live Oak Drive ~ Restaurant
Retail-Commercial
for Sale
Sale Pending/Contingent
Also listed as Special Purpose
| Catylist Listing ID: |
30639394 |
| Property Subtypes: |
Restaurant
|
| Status: |
Pending/Contingent |
| Building Size (RSF): |
2,088 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$400,000 |
| Unit Price: |
$191.57 PSF |
| Ceiling: |
8 ft. |
| Property Use Type: |
Business |
| Sale Terms: |
Cash to Seller, Purchase Money Mortgage, Owner Financing, Other |
| Cap Rate: |
8.0% |
| Last Updated: |
12/9/2020 |
Overview / Comments
|
Established restaurant . Tremendous upside potential. Full commercial kitchen with smokers. Includes all fixtures. Extra outbuildings in a strong growth area on newly widened Highway 17A convenient to Moncks Corner and Goose Creek. Also includes a residential rental property that contributes $725 income per month. Large lot provides additional growth. Owner will consider financing a portion contingent upon due diligence and agreeable down payment. Past P&L available along with equipment list and balance sheet. Two additional buildings included that have potential for commercial use and could be leased for extra income. Large footprint allows for additional outdoor usage. Property also includes a wide entrance on 17A (S Live Oak Dr).
|
Additional Details
| Nearest MSA: |
Charleston-North Charleston |
| County: |
Berkeley |
| Submarket/Township: |
76 - Moncks Corner/Pinopolis Area |
| Tax ID/APN: |
1611100039 |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
17A |
| Feet of Frontage: |
200 |
| Traffic/Vehicle Count: |
40,000 |
| Highway Access: |
17A |
| Airports: |
CHS and Moncks Corner Regional |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
5 |
| Number of Stories: |
1 |
| Property Condition: |
Good |
| Year Built: |
1978 |
| Year Renovated: |
2010 |
| Construction/Siding: |
Wood Siding |
| Total Parking Spaces: |
30 |
| Parking Type: |
Surface |
| Parking Description: |
Asphalt |
| Heat Type: |
Electricity |
| Heat Source: |
Central, Heat Pump |
| Air Conditioning: |
Package Unit |
| Internet Access: |
Cable |
| Interior Description: |
Fully equipped restaurant in main building with separate kitchen/smokehouse. |
| Zoning Description: |
General Business |
| Water Service: |
Municipal |
| Sewer Type: |
Septic |
| Easements: |
Utilities |
| Land Ownership: |
Fee Simple |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
8,632 |
25,019 |
| Median Age: |
33.62 |
37.1 |
| Households: |
3,071 |
9,206 |
|
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