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    280 Whitney Rd Spartanburg, SC 29303

    Sponsored
    For Sale
    $459,000

    Turnkey operation, high-traffic location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional turnkey restaurant and sports bar opportunity is located at 280 Whitney Road in Spartanburg, South Carolina. The property boasts a full kitchen equipped with a walk-in freezer and ice machine, ensuring efficient food preparation and storage. A fully functional bar area, complete with pool tables, provides ample entertainment options for patrons. The outdoor patio and bar area offer additional seating and a vibrant atmosphere, ideal for warmer weather. A private office with its own restroom provides a dedicated space for management or administrative tasks. The property sits on a 1.03-acre lot, offering potential for expansion or outdoor improvements. Its prime location, just one block from the Spartanburg Medical Center, guarantees high visibility and foot traffic, making it an attractive investment for a seasoned restaurateur or a new business venture. The asking price for this established business is $459,000. The square footage is not currently available. This is a rare opportunity to acquire a well-equipped and strategically located commercial property in a thriving area of Spartanburg. Serious inquiries only.

    Property Features for 280 Whitney Rd

    General Information

    Property type
    Retail properties
    Lot Size
    44,867 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    ATM Atm Mist-N-Smoke Lounge Lounge

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Spartanburg
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.9399
    Latitude
    34.97261

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    FAQs

    What type of property is this?
    Retail property - Turnkey operation, high-traffic location.
    Where is this retail property located?
    The property is located at 280 Whitney Rd Spartanburg, SC.
    What is the asking price?
    The asking price for this property is $459,000.
    (864) 239-8585
    Request Owner's contact information
    280 Whitney Rd Spartanburg, SC 29303
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    Spartanburg, SC 29303
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    280 Whitney Rd Spartanburg, SC 29303
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