Fully Equipped Restaurant With
111 Middleton Way Greer, SC 29650
111 Middleton Way, Greer, SC, 29650
Contact for pricing
For Sale
Contact for pricing
Second-generation full-service restaurant includes business and FF&E with approximately 36 parking spaces, zoned CC in Greer.
Property Size3,800 SF
Lot Size0.46 Acres
Price / SF$315.79
Days on Market161
Property Features for 111 Middleton Way
General Information
- Standard status
- Active
- Size
- 3,800 SF
- Lot size
- 0.46 Acres
- Property subtype
- Business for Sale, Hospitality, Retail
Building Details
- Year Built
- 2006
Listing agency
Berkshire Hathaway HomeServices C. Dan Joyner, REALTORS Greenville
Listed by
Hope Tz Schmalzl, CCIM · License #SC 25637
Source
Crexi
Added: Feb 11 Updated: Jul 22 at 10:27AM Checked: Jul 22 at 10:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices C. Dan Joyner, REALTORS Greenville
Investment Insights
Based on property information with market context.
This sale includes a second-generation, fully equipped full-service restaurant, with FF&E included in the offering. The premises include approximately 2,844 SF of restaurant space, plus the business sale, and there is parking on site for approximately 36 vehicles.
The property is located within the City of Greer, South Carolina limits. It is identified as TM #G012000100207 and is zoned CC – Commercial General. Reported traffic counts are approximately 26,000 to 28,000 vehicles per day. The listing also notes 2025 taxes of $12,398.24 (±), and a site size of approximately 1.458 acres.
For buyers seeking a turn-key restaurant concept, the configuration is centered on an operating, equipped foodservice use, supported by on-site parking and a commercially zoned site.
The property is located within the City of Greer, South Carolina limits. It is identified as TM #G012000100207 and is zoned CC – Commercial General. Reported traffic counts are approximately 26,000 to 28,000 vehicles per day. The listing also notes 2025 taxes of $12,398.24 (±), and a site size of approximately 1.458 acres.
For buyers seeking a turn-key restaurant concept, the configuration is centered on an operating, equipped foodservice use, supported by on-site parking and a commercially zoned site.
Key Highlights
- Second‑generation, full‑service restaurant sale includes the business and fully equipped FF&E
- Approximately 2,844 SF restaurant space
- Zoned CC – Commercial General and located within Greer city limits
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.4k | $18.00 |
| − Vacancy | −$2.5k | −$0.65 |
| EGI | $65.9k | $17.35 |
| − OpEx | −$16.5k | −$4.34 |
| NOI | $49.5k | $13.01 |
3,800 SF · lease $18.00/SF/yr · vacancy 3.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$706.5K
$618.2K – $824.2K
NOI $49,453 @ 7.0% cap · market cap 4.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,651 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Second-generation full-service restaurant includes business and FF&E with approximately 36 parking spaces, zoned CC in Greer.
Where is this conventional restaurant located?
The property is located at 111 Middleton Way Greer, SC.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Second‑generation, full‑service restaurant sale includes the business and fully equipped FF&E; Approximately 2,844 SF restaurant space; Zoned CC – Commercial General and located within Greer city limits
