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    Former Restaurant with On-Site Seating Title is generated by Realmo AI

    1740 Highmarket St., Georgetown, SC 29440

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    Claim this Listing
    For Sale
    $665,000

    SINGLE_FAMILY - Georgetown, SC

    Type:Retail
    Property size:
    3,432 SF
    Lot size:
    0.75 Acres
    Price / SF:
    $193/SF
    Added:
    Dec 30, 2025
    Days on Market:
    179
    Last Refresh:
    Jun 27 at 3:06 pm

    Property Features for 1740 Highmarket St.

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Zoning
    GC
    Standard status
    Active
    Size
    3,432 SF
    Lot size
    0.75 Acres

    Building Details

    Number of units
    1

    We can help!

    Contact an agent
    JD Yearwood
    JD Yearwood

    Listing agent JD Yearwood License #260199

    Listing office Keystone Realty MB, LLC Myrtle Beach, SC

    Listing date Dec 30, 2025

    MLS# 2600244

    Copyright © 2026 Coastal Carolina Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Former restaurant opportunity on +/-.73 acres.
    • Located on Highmarket (521/17A) with strong traffic counts (17,000 AADT).
    • Includes all furniture, fixtures, and restaurant equipment.
    • Includes seating.
    • Located in the City of Georgetown.
    • Additional traffic count of 6,100 AADT on N. Merriman.

    Overview

    This former restaurant property is offered for sale on approximately 0.75 acres in the City of Georgetown. The sale includes all furniture, fixtures, and restaurant equipment, along with seating for diners. The improvements are sized at about 3,432 square feet, providing a purpose-built configuration for restaurant operations.

    The property is located along Highmarket (521/17A), with reported traffic counts of 17,000 AADT. Additional traffic counts are listed as 6,100 AADT on N. Merriman, supporting everyday visibility for retail and food-service activity. The site is zoned GC.

    For qualified buyers, this offering can fit restaurant operators seeking an existing, equipped space rather than starting from scratch. It may also appeal to buyers evaluating a storefront-style food-service asset with included equipment and furniture, with the local zoning classification of GC supporting a range of commercial use considerations.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $58.5k $17.04
    − Vacancy −$3.6k −$1.06
    EGI $54.9k $15.98
    − OpEx −$13.7k −$4.00
    NOI $41.1k $11.99
    3,432 SF · lease $17.04/SF/yr · vacancy 6.20% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $587.7K
    $514.3K – $685.7K (±1% cap)
    NOI $41,142 @ 7.0% cap · market cap 6.19%
    Second Best
    Retail
    $586.9K
    $513.5K – $684.7K (±1% cap)
    NOI $41,081 @ 7.0% cap · market cap 6.18%
    Theoretical Best
    Office A
    $941.3K
    $823.7K – $1.10M (±1% cap)
    NOI $65,894 @ 7.0% cap · market cap 9.91%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    George's Restaurant Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Georgetown
    County
    Georgetown
    State
    South Carolina
    Longitude
    -79.2938727
    Latitude
    33.3771458

    FAQs

    What type of property is this?
    Conventional restaurant - Includes furniture, fixtures, equipment, and seating, offering a ready-to-operate layout for restaurant users or investors.
    Where is this conventional restaurant located?
    The property is located at 1740 Highmarket St. Georgetown, SC.
    What is the asking price?
    The asking price for this property is $665,000.
    What are key features of this property?
    This property features: Former restaurant opportunity on +/-.73 acres.; Located on Highmarket (521/17A) with strong traffic counts (17,000 AADT).; Includes all furniture, fixtures, and restaurant equipment.
    More about this property
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