Immediate Business Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 29942490
Property Subtypes: Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 7,690 SF
Gross Land Area: 1.70 - 74,052 SF
Sale Price: $425,000 - 400,000
Unit Price: $52.02 - 55.27 PSF
Property Use Type: Business
Building Name: Coasters
Usable Size (USF): 7,690 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/6/2018

Overview / Comments

Excellent restaurant, sports bar. Built as a Western Steer. Solid brick wall, large ceiling timbers, with large open dinning area. Very large kitchen and prep area. It needs some updating but could be ready to go as a restaurant/sports bar.

Additional Details

Nearest MSA: Orangeburg
County: Orangeburg
Submarket/Township: 83 - Orangeburg County
Taxing Authority: Orangeburg County
Tax ID/APN: 0324-18-01-005
Zoning: CG COMMERCIAL GENERAL ORANGEBURG COUNTY
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Located Between: Hotels and Santee Cooper Resort - Golf Course
Property Visibility: Excellent
Largest Nearby Street: Old Hwy 6
Highway Access: Located directly on Hwy 6
Airports: Columbia, Charleston, and Florence
Site Description: Brick building with large parking lot. Past Coasters Restaurant.
Area Description: I 95 stop, with 3 golf course, on Lake Marion, the largest lake in South Carolina, with access to Atlantic Ocean
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 7,690 SF
Property Condition: Average
Year Built: 1987
Year Renovated: 2003
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: Solid brick walls with shingle roof.
Total Parking Spaces: 125
Parking Type: Surface
Parking Description: Asphalt
Sprinklers: None
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: large open space, with multiple bars, extra large kitchen and prep areas. Three walk in coolers. Some kitchen equipment coveys.
Zoning Description: CG Commercial General
Lot Frontage: 150
Lot Depth: 250
Water Service: Municipal
Sewer Type: Municipal
Easements Description: To be determined by buyer.
Land Ownership: Fee Simple
Legal Description: TBD 9135 Old Hwy Six, Santee, sc

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,091 7,153
Median Age: 38.58 44.89
Households: 1,175 2,950

Contact

Photograph of Listing Agent

Barry M Stephens

NV Realty Group
SCCMLS Member
Photograph of Listing Agent

Jim F Heslep, III

NV Realty Group
SCCMLS Member
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