Greenwood Fine Dining Restaurant For
114 Old Abbeville Hwy Greenwood, SC 29649
114 Old Abbeville Hwy, Greenwood, SC, 29649
$495,000
For Sale
$495,000
Fine Dining Restaurant in Greenwood, SC
Property Size1,800 SF
Lot Size1.00 Acre
Price / SF$275
AddedOct 5, 2025
Days on Market284
Last RefreshMar 16 at 9:06 am
Property Features for 114 Old Abbeville Hwy
General Information
- Standard status
- Active
- Property type
- Conventional restaurants, Restaurants
- Size
- 1,800 SF
- Net Rentable
- 1,800 SF
- Class
- C
- Total Parking Spaces
- 25
- Elevators
- N/A
- Lot size
- 1.00 Acre
- Occupancy
- 50%
- Sale Condition
- Lease Option
- Investment Type
- Sale/leaseback
Building Details
- Year Built
- 1927
- Year Renovated
- 2025
- Buildings
- 1
- Stories
- 1
- Units
- 1
Listing agent Syed (864) 554-0041
Listing office (864) 554-0041
Listing date Oct 5, 2025
Investment Insights
Based on property information with market context.
This established fine dining restaurant, operating since 1990, is available for purchase. The property has been recently completely remodeled and features multiple elegant dining rooms and a spacious, fully equipped commercial kitchen. This turnkey business is ready for a new owner, as the current owner is retiring. The restaurant is beautifully decorated, creating a warm and inviting atmosphere. Some décor pieces may be available for purchase separately. The property also includes multiple outdoor buildings for storage and sits on nearly one acre of land, providing excellent potential for landscaping and outdoor dining. The space is ideal for hosting events, private parties, and special occasions in a charming and versatile setting. The property is located in Greenwood, South Carolina.
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 | $32.4k | $18.00 |
| − Vacancy | −$1.2k | −$0.65 |
| EGI | $31.2k | $17.35 |
| − OpEx | −$7.8k | −$4.34 |
| NOI | $23.4k | $13.01 |
1,800 SF · lease $18.00/SF/yr · vacancy 3.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$334.6K
$292.8K – $390.4K
NOI $23,425 @ 7.0% cap · market cap 4.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$565.4K
$494.8K – $659.7K
NOI $39,581 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Danish's Cuisine
Restaurant
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FAQs
What type of property is this?
Conventional restaurant - Fine Dining Restaurant in Greenwood, SC
Where is this conventional restaurant located?
The property is located at 114 Old Abbeville Hwy Greenwood, SC.
What is the asking price?
The asking price for this property is $495,000.
