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    8291 Savannah Hwy Norway, SC 29113

    For Sale
    $349,000

    Fully equipped, 2800 sq ft restaurant.

    Property size:
    2,800 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 2,800 square-foot commercial property, built in 2016, presents a turnkey restaurant opportunity in Norway, South Carolina. The building is fully equipped with a comprehensive array of kitchen equipment including a fire vent hood, a 10-door grab-n-go cooler, pastry case, sandwich server, two deep fryers, flat top grill, prep table with cooler, a six-burner Vulcan gas stove with two ovens and a griddle, heated rack, microwave, and ample small wares. Two prep coolers, an 11x11 walk-in cooler, an 8x11 walk-in freezer, and a dry goods pantry with shelving provide extensive storage. Additional equipment includes an Ice-O-Matic cube ice maker, a countertop nugget ice maker, and a Berg upright freezer. A drying rack and a security system with TV hook-ups in both the office and cash register areas are also included. The office itself features a TV for security monitoring. The restaurant comfortably seats 50 patrons with provided tables, booths, and chairs. Exterior features include concrete and grass parking for 50 vehicles and a lighted pole sign with a manual double-sided message board. The 0.59-acre lot provides ample space. Please note that business inventory is not included in the sale. This property is ideal for established restaurateurs or aspiring entrepreneurs seeking an immediate start.

    Property Features for 8291 Savannah Hwy

    General Information

    Property type
    Retail properties
    Square Feet
    2,800 SF
    Lot Size
    25,700 SF

    Building Details

    Year Built
    2016
    Insight Report Location Intelligence

    Current Use by Public Records

    Three Saucers LLC Grocery Store

    Suggested Use

    Restaurant Auto Repair Shop Auto Parts Store Pharmacy Food Market Grocery Store Bar & Pub Convenience Store Wine and Liquor Store Florist

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

    Location Insight

    • Map
    • Local Demand
    City
    Norway
    County
    Orangeburg
    State
    South Carolina
    Longitude
    -81.12484
    Latitude
    33.45239

    Nearby Comparable

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    Nearby Similar for Sale

    • $299,000
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      Turnkey Restaurant in Norway, SC

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      8291 Savannah Hwy, Norway, SC 29113
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    FAQs

    What type of property is this?
    Retail property - Fully equipped, 2800 sq ft restaurant.
    Where is this retail property located?
    The property is located at 8291 Savannah Hwy Norway, SC.
    What is the asking price?
    The asking price for this property is $349,000.
    (803) 791-3800
    Request Owner's contact information
    8291 Savannah Hwy Norway, SC 29113
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    Norway, SC 29113
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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
    8291 Savannah Hwy Norway, SC 29113
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