479 Long Point Road - Turn-Key Freestanding Restaurant

Retail-Commercial for Sale
Catylist Listing ID: 30774943
Property Subtypes: Free-Standing Building, Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 2,176 SF
Gross Building Area: See Agent
Sale Price: $1,425,000
Unit Price: $654.87 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: 6.0%
Last Updated: 1/20/2022

Overview / Comments

Freestanding Restaurant in Mt. Pleasant – Turn-Key: Former Long Point Grill located at 479 Long Point Road just off I-526 near Belle Hall. Tucked away near the port this freestanding building is fully equipped with full restaurant infrastructure. Property is 0.64 acres, building consists of nearly 2200 square feet plus 500 square foot (approx.) covered patio. Approximately 30 parking spaces and additional outdoor area for more outdoor dining opportunities. Sale or lease $1.425M or $35/psf NNN. Owner is considering all reasonable offers for FF&E.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 42 - Mt.Pleasant South of IOP Connector
Tax ID/APN: 5370000006
Retail Clientele: General, Family, Business, Tourist
Year Built: 1998
Roof Type: Gable
Parking Type: Surface
Parking Description: approximately 30 spaces

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,272 42,531 101,206
Median Age: 38.97 40.01 37.26
Households: 2,710 18,203 42,079

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