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    21101 Fraser St Georgetown, SC 29440

    Sponsored
    For Sale
    $310,000

    Established Restaurant, 3400 sq ft, 1.13 acres

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located at 21101 N Fraser St. in Georgetown, South Carolina, presents a unique investment opportunity. The property encompasses a substantial 3,400 square foot building situated on a generous 1.13-acre lot, offering ample space for a variety of commercial ventures. Currently configured as a full-service restaurant, the property is well-suited for continued operation in the food service industry or adaptable to other commercial uses. The building's layout is designed to accommodate a full-service restaurant operation, with existing infrastructure in place. The property benefits from a modified lease agreement, where the landlord is responsible for property taxes and insurance. The tenant is responsible for all other operating expenses, including trash removal, utilities, landscaping, and building maintenance. This arrangement provides a clear and straightforward cost structure for potential buyers. The strategic location in Georgetown, SC, offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strong foothold in a thriving community. The substantial lot size provides ample parking and potential for future expansion or development. This turnkey opportunity is priced at $310,000 and presents a compelling investment prospect for discerning buyers. Serious inquiries are encouraged.

    Property Features for 21101 Fraser St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    49,223 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Big Mama's Country ... Restaurant

    Suggested Use

    Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Georgetown
    County
    Georgetown
    State
    South Carolina
    Longitude
    -79.16792
    Latitude
    33.65125

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    FAQs

    What type of property is this?
    Commercial real estate - Established Restaurant, 3400 sq ft, 1.13 acres
    Where is this commercial real estate located?
    The property is located at 21101 Fraser St Georgetown, SC.
    What is the asking price?
    The asking price for this property is $310,000.
    (843) 936-1116
    Request Owner's contact information
    21101 Fraser St Georgetown, SC 29440
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    Georgetown, SC 29440
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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
    21101 Fraser St Georgetown, SC 29440
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