Established Restaurant in Pickens,
107 S Catherine St Pickens, SC
107 S Catherine St, Pickens, SC, 00000
Contact for pricing
For Sale
Contact for pricing
3,607 SF restaurant on 0.42 acres with ample parking.
Property Size3,610 SF
Lot Size0.42 Acres
Price / SF$124.65
Days on Market1036
Property Features for 107 S Catherine St
General Information
- Standard status
- Active
- Size
- 3,610 SF
- Lot size
- 0.42 Acres
- Property subtype
- RETAIL
Listing Agency
Wilson Kibler | Greenville
(864) 444-4814
Listed by
Scott Snedigar · License #82732
Source
Moodyscre
Added: Sep 19, 2023 Checked: Jul 19 at 4:36 am
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 Wilson Kibler | Greenville
Investment Insights
Based on property information with market context.
This is a 3,607 square-foot restaurant situated on 0.42 acres. The restaurant has been family-owned and operated for almost 40 years. It has a seating capacity for 100 people and ample parking. The property is the only family-style restaurant in Pickens. It is fully sprinklered and includes a walk-in freezer and refrigerator. The restaurant also features office space and an exhaust hood with a fire suppression system in place.
Key Highlights
- 3,607 SF Restaurant on 0.42 Acres
- Seating capacity for 100 people
- Ample parking available
Local Financial Insights For 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 | $52.0k | $14.40 |
| − Vacancy | −$1.9k | −$0.52 |
| EGI | $50.1k | $13.88 |
| − OpEx | −$15.0k | −$4.16 |
| NOI | $35.1k | $9.72 |
3,610 SF · lease $14.40/SF/yr · vacancy 3.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$501.1K
$438.5K – $584.7K
NOI $35,079 @ 7.0% cap · market cap 7.80%
Second Best
Specialty Retail
$223.7K
$195.8K – $261.0K
NOI $15,660 @ 7.0% cap · market cap 3.48%
Theoretical Best
Mixed Use
$533.8K
$467.1K – $622.7K
NOI $37,364 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Village Inn
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Restaurant - 3,607 SF restaurant on 0.42 acres with ample parking.
Where is this restaurant located?
The property is located at 107 S Catherine St Pickens, SC.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 3,607 SF Restaurant on 0.42 Acres; Seating capacity for 100 people; Ample parking available
