Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    107 W Curtis St Simpsonville, SC 29681

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $799,000

    Fully equipped restaurant with indoor and outdoor seating available for sale.

    Property size:
    1,050 SF
    Lot size:
    0.08 Acres

    Property Features for 107 W Curtis St

    General Information

    Standard status
    Active
    Zoning
    Business Urban - BU
    Size
    1,050 SF
    Lot size
    0.08 Acres

    We can help!

    Listing Contact
    Hope Tz Schmalzl, Ccim
    Hope Tz Schmalzl, Ccim
    Source: Crexi

    Listing Agency: Berkshire Hathaway HomeServices C. Dan Joyner, REALTORS Greenville Listing Agent: Hope Tz Schmalzl, Ccim

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Turnkey Restaurant in Simpsonville Location

    This is a turnkey restaurant opportunity located in Simpsonville, South Carolina. The property features a freestanding building with approximately 1,050 square feet of space. The restaurant is fully equipped and includes a commercial kitchen. It offers seating for up to 32 guests inside and 32 outside. The property is situated on a 0.08-acre lot with the potential for expansion. Convenient public parking is available, along with four private parking spaces. The location is in close proximity to Downtown Simpsonville's shops and events, making it a strategic location for a boutique eatery, coffee house, or a unique dining concept.
    Location Intelligence

    Current Use by Public Records

    Anita's Cat Spa Pet Grooming Service

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Similar Places Nearby

    LaRays Corner LLC

    Location Insight

    • Map
    • Local Demand
    City
    Simpsonville
    County
    Greenville
    State
    South Carolina
    Longitude
    -82.2561955
    Latitude
    34.7370796

    Nearby Similar for Sale

    • $425,000
      1,844 SF

      Professional Office Space in Simpsonville

      Adaptable office space near downtown Simpsonville and Fairview Road.
      107 Hillcrest Ave, Simpsonville, SC 29681
      View Details
    • Contact for pricing
      0.37 Acres

      Charming Updated Office in Simpsonville

      Prime location in Historic Downtown Simpsonville with rustic charm.
      312 S Main St, Simpsonville, SC 29681
      View Details
    • Contact for pricing
      0.18 Acres

      Office Space in Simpsonville, SC

      Office property for sale in Simpsonville, South Carolina.
      131 SE Main St, Simpsonville, SC 29681
      View Details
    • $3,084,814
      3,808 SF

      Bojangles Corporate Guaranteed Investment

      New 15-year NNN lease Bojangles in Simpsonville, SC.
      208 Harrison Bridge Rd, Simpsonville, SC 29680
      View Details
    • $799,000
      1,050 SF

      Turn Key Simpsonville Restaurant

      Freestanding, fully equipped restaurant in downtown Simpsonville.
      107 W Curtis St, Simpsonville, SC 29681
      View Details
    • Contact for pricing
      334,000 SF

      Historic Mill Office Space Available

      Office space in a renovated historic textile mill.
      300 St S, Simpsonville, SC
      View Details
    • $750,000
      3.30 Acres

      Simpsonville Commercial Land Investment

      High-traffic 3.3-acre lot, endless potential.
      1026 Georgia Rd, Simpsonville, SC 29680
      View Details
    • $1,050,000
      0.88 Acres

      Simpsonville Commercial Investment Opportunity

      High-Traffic Bar/Restaurant w/Extra Income
      1205 Main St, Simpsonville, SC 29681
      View Details
    • Contact for pricing

      Main Street Commercial Opportunity

      Property with high visibility and development potential on 1.42 acres.
      1306 NE Main St, Simpsonville, SC 29681
      View Details
    • Contact for pricing
      80,000 SF

      Industrial Property in Simpsonville, SC

      80,000 SF industrial property available for sale.
      3423 Fork Shoals Rd, Simpsonville, SC 29680
      View Details
    • Contact for pricing
      24,000 SF

      Simpsonville Commercial Building For Sale

      24,000 SF building in Simpsonville, SC, renovated in 2013.
      313 N Main St, Simpsonville, SC 29681
      View Details
    • Contact for pricing

      Highway Frontage Property For Sale

      Versatile property with highway frontage, ideal for retail or office.
      1304 NE Main St, Simpsonville, SC 29681
      View Details

    FAQs

    What type of property is this?
    Restaurant - Fully equipped restaurant with indoor and outdoor seating available for sale.
    Where is this restaurant located?
    The property is located at 107 W Curtis St Simpsonville, SC.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - Turnkey restaurant opportunity, fully equipped and ready for immediate operation.; - Prime location in Simpsonville, close to downtown shops and events.; - Freestanding building with indoor and outdoor seating (32 seats each).
    Request Owner's contact information
    107 W Curtis St Simpsonville, SC 29681
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    107 W Curtis St
    Simpsonville, SC 29681
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    107 W Curtis St Simpsonville, SC 29681
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Hope Tz Schmalzl, Ccim
    Hope Tz Schmalzl, Ccim
    Real Estate License ID: 25637
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!