Harvest Moon Restaurant with house and vacant lot

Retail-Commercial for Sale
Catylist Listing ID: 30631621
Property Subtypes: Restaurant
Building Size (RSF): 1,500 SF
Gross Building Area: See Agent
Sale Price: $870,000
Unit Price: $580 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: 4.0%
Last Updated: 2/5/2021

Overview / Comments

Family Style Restaurant in Ravenel, just 10 minutes S of Charleston on busy 4 lane Savannah Hwy. This restaurant has an existing lease for another year and Leasee wants to sign up for another 5 years . Good Cash Flow Also included in this listing is a 1,571 sq. ft. Brick home that would make a perfect office ( in fact, it is being used as a surveyor office at this time. ) Behind the Brick Home is another .71 acres. All 3 properties r zoned General Business Plenty of room for expansion with warehouse space.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 13 - Rural W.Ashley-Ravenel/Hollywood/Meg
Tax ID/APN: 187-00-00-301
Zoning: GB - General Business
Year Built: 1995
Legal Description: x

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,178 7,272
Median Age: 41.25 44.52
Households: 1,571 2,823


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