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    397 Lee St Johnston, SC 29832

    For Sale
    $299,000

    Established Restaurant, 3300 sq ft, 1.07 acres

    Property size:
    3,300 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 3,300 square foot restaurant building presents a compelling investment opportunity in the heart of Johnston, South Carolina. Situated on a highly visible 1.07-acre lot on SC Hwy-121, this property benefits from excellent street frontage and proximity to residential areas. The fully equipped commercial kitchen is complemented by a walk-in cooler, walk-in freezer, and a convenient drive-thru window. The spacious dining area features ample seating with tables and booths, catering to a substantial customer base. Three access points lead to a well-lit parking lot, ensuring ease of access for patrons. Beyond the main restaurant, the property includes an additional, unused 100x140 foot area at the rear, offering potential for expansion or alternative uses. Currently leased to a thriving business serving breakfast, lunch, and dinner, this restaurant enjoys a strong reputation for affordable, family-friendly Southern cuisine. The surrounding area boasts a vibrant commercial landscape, including established businesses such as Dollar General, Regions Bank, First Citizens Bank, CitiTrends, a grocery store, a truck stop, and various other restaurants and convenience stores. This established restaurant offers a stable investment in the food industry, with the owner open to financing options, requiring a 20% down payment

    Property Features for 397 Lee St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,300 SF
    Lot Size
    46,609 SF

    Building Details

    Year Built
    1985
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    U-Haul Neighborhood Dealer Truck Rental Agency Blue Collar Bistro Southern Restaurant (Us)

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Johnston
    County
    Sc Counties
    State
    South Carolina
    Longitude
    -81.79839
    Latitude
    33.83022

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    FAQs

    What type of property is this?
    Commercial real estate - Established Restaurant, 3300 sq ft, 1.07 acres
    Where is this commercial real estate located?
    The property is located at 397 Lee St Johnston, SC.
    What is the asking price?
    The asking price for this property is $299,000.
    (803) 637-0070
    Request Owner's contact information
    397 Lee St Johnston, SC 29832
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    Johnston, SC 29832
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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
    397 Lee St Johnston, SC 29832
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