Waterfront Restaurant Opportunity | Call For Offers

Retail-Commercial for Lease
Catylist Listing ID: 30441996
Property Subtypes: Free-Standing Building, Restaurant, Tavern/Bar/Nightclub
Contiguous Space: 8,716 SF
Building Size (RSF): 8,716 SF
Gross Building Area: See Agent
Lease Rate: $1 PSF (Annual)
Base Monthly Rent: $726.33
Lease Types: Other
Last Updated: 7/11/2019

Overview / Comments

Once in a lifetime opportunity to operate a waterfront restaurant on the Intercoastal Waterway. Currently doing business as the Morgan Creek Grill since 2002. The site is located on the iconic Isle of Palms, a barrier island located just 10 miles from Charleston, South Carolina. Arguably one of the most breathtaking public restaurant sites in the Lowcountry. The current lease expires 10/31/2020 and the City is interested in exploring a long-term public/private partnership that is fitting of this rare opportunity.

The site comes with dedicated dock space along the Intercoastal Waterway and adjacent to the immensely popular Isle of Palms Marina, see www.iopmarina.com. Interested parties shall have the opportunity to inspect the property during non-business hours. The ideal candidate will be an operator who is willing to create a family friendly concept and align its business interests with the best interests of the marina, the City, and the Island’s residents and vacationers.

CALL FOR OFFERS. SEE BROCHURE ATTACHED.

Attachments & Media

Expand All Available Space

Suite: 80 41st Ave 8,716 SF $1 PSF (Annual) Other
Space Available: 8,716 SF
Lease Rate: $1 PSF (Annual)
$726.33 (Monthly)
Lease Type: Other
Date Available: 11/1/2019
Space Type: New

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 45 - Wild Dunes
Tax ID/APN: 5710800007
Zoning: CC - Community Commercial District
Year Built: 1988

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,554 7,053 31,579
Median Age: 45.44 46.58 42.46
Households: 653 3,098 13,344
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