Conway Convenience Store with Expansion
965 Bucksport Rd. Conway, SC 29527
965 Bucksport Rd., Conway, SC, 29527
$2,500,000
For Sale
$2,500,000
SINGLE_FAMILY - Conway, SC
Property Size6,215 SF
Lot Size1.25 Acres
Price / SF$402.25
Days on Market119
Property Features for 965 Bucksport Rd.
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- FA
- Standard status
- Active
- Size
- 6,215 SF
- Lot size
- 1.25 Acres
Building Details
- Number of units
- 1
Listing agency
Above The Beach Real Estate
(843) 397-9434
Listed by
Jennifer Lewis · License #82917
(843) 995-0375
Added: Mar 26 Updated: May 21 at 3:45PM Checked: Jul 22 at 12:06PM
MLS# 2607842
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.
Investment Insights
Based on property information with market context.
This business opportunity features a 4,000-square-foot convenience store with established operations in a stable location. The sale includes the business, the building, and approximately 1.25 acres of land. The property is currently used as a liquor and convenience store, but it was previously used as a restaurant and laundromat. The current reported income reflects a conservative operating model, with limited product expansion and minimal marketing efforts, presenting significant upside potential for a new owner. Opportunities include adding high-margin items such as hot food, lottery, and extended hours, along with stronger local marketing. With an existing customer base and infrastructure in place, this location is ideal for an owner-operator looking to grow revenue. The current performance should be viewed as a baseline, not the ceiling, with clear potential for increased cash flow with the right strategy. The property is located in Conway, South Carolina.
Key Highlights
- Includes business, building, and approx. 1.25 acres.
- Established convenience store with existing customer base and infrastructure.
- Significant upside potential through product expansion (hot food, lottery), extended hours, and marketing.
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 | $140.2k | $22.56 |
| − Vacancy | −$3.5k | −$0.56 |
| EGI | $136.7k | $22.00 |
| − OpEx | −$34.2k | −$5.50 |
| NOI | $102.5k | $16.50 |
6,215 SF · lease $22.56/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.46M
$1.28M – $1.71M
NOI $102,529 @ 7.0% cap · market cap 4.10%
Second Best
Retail
$1.29M
$1.13M – $1.51M
NOI $90,604 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$1.58M
$1.38M – $1.84M
NOI $110,259 @ 7.0% cap · market cap 4.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Glenda's
Grocery & Convenience Store
Similar For Sale Nearby
FAQs
What type of property is this?
Grocery and convenience store - Established convenience store on 1.25 acres with growth opportunities.
Where is this grocery and convenience store located?
The property is located at 965 Bucksport Rd. Conway, SC.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Includes business, building, and approx. 1.25 acres.; Established convenience store with existing customer base and infrastructure.; Significant upside potential through product expansion (hot food, lottery), extended hours, and marketing.
