King St. Cocktail Bar for Sale!
Retail-Commercial
for Lease
| Catylist Listing ID: |
30723061 |
| Property Subtypes: |
Restaurant, Street Retail
|
| Contiguous Space: |
1,332 SF |
| Building Size (RSF): |
1,332 SF |
| Gross Building Area: |
See Agent |
| Lease Rate: |
$40 PSF (Annual)
|
| Base Monthly Rent: |
$4,440 |
| Lease Types: |
NNN |
| In Opportunity Zone? |
Yes |
| Building Name: |
The Belmont |
| Usable Size (USF): |
1,332 SF |
| Last Updated: |
7/28/2022 |
Overview / Comments
This is a Lease Assignment & Business Purchase for $600,000
2021 YTD Sales ended stronger than 2019.
All existing FF&E conveys to Buyer. Email for additional information.
Highly profitable cocktail bar located on desirable Upper King St in Charleston, SC Established over 10 years ago with a loyal following and plenty of national press for its outstanding service. Business can easily be owner operators or absentees. This is a turn-key business with all furniture, fixture, and equipment including. Rare opportunity to take advantage of turnkey business, below-market lease in this location with the 2 am zoning!
The sale is subject to Landlord approval.
|
| Space Available: |
1,332 SF |
| Lease Rate: |
$40 PSF (Annual)
$4,440 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
The current build-out is for a highly successful cocktail bar. |
| Date Available: |
6/1/2021 |
| Space Type: |
Sublet |
| Kitchen |
Yes |
Additional Details
| Nearest MSA: |
Charleston-North Charleston |
| County: |
Charleston |
| Submarket/Township: |
51 - Peninsula Chas. inside of crosstown |
| Tax ID/APN: |
4601202084 |
| Zoning: |
GB - General Business |
| Retail Clientele: |
General, Business, Tourist |
| Property Located Between: |
Morris St and Radcliffe St |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
King |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Typical SF / Floor: |
1,332 SF |
| Property Condition: |
Excellent |
| Year Built: |
1920 |
| Year Renovated: |
2010 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick |
| Parking Type: |
Other |
| Parking Description: |
Street Parking |
| Sprinklers: |
None |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Internet Access: |
Cable |
| Zoning Description: |
General Business/Late Night(open 2AM) |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
23,173 |
57,192 |
137,010 |
| Median Age: |
29.15 |
34.17 |
36.54 |
| Households: |
9,718 |
24,188 |
57,250 |
|
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