Restaurant Building with Lake
For Sale
Contact for pricing
103 Doe Run Ln Sec 10, Ridgeway, SC
Restaurant building with dock, boat slips, and outdoor cabana.
Property Size3,789 SF
Lot Size3.28 Acres
Price / SF$329.90
Days on Market1261
Property Features for 103 Doe Run Ln Sec 10
General Information
Standard status
Active
Size
3,789 SF
Lot size
3.28 Acres
Property subtype
RETAIL
Listing Agency:
ERA Wilder Realty Inc. - Columbia
(803) 312-1908
Listed By:
David Brock · License #58004
Source:
Moodyscre
Added: Feb 16, 2023
Changed: Jul 10
Last Checked: Jul 21 at 4:37AM
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 ERA Wilder Realty Inc. - Columbia
Investment Insights
Based on property information with market context.
This is a 3,789 square foot retail restaurant building constructed in 2010 on a 3.11-acre lot. It presents a business opportunity as the only restaurant on Lake Wateree with a dock. The dock includes 16 boat slips. The property features a large outside cabana with picnic tables, flat screens, and a top-of-the-line kitchen. It also includes a full-service bar with built-in glass door refrigeration.
Key Highlights
- Only restaurant on Lake Wateree with a dock and 16 boat slips.
- Turnkey restaurant business opportunity.
- 3,789 SF Retail Restaurant Building.
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 | $86.4k | $22.80 |
| − Vacancy | −$4.8k | −$1.25 |
| EGI | $81.6k | $21.55 |
| − OpEx | −$20.4k | −$5.39 |
| NOI | $61.2k | $16.16 |
3,789 SF · lease $22.80/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$874.7K
$765.4K – $1.02M
NOI $61,228 @ 7.0% cap · market cap 4.90%
Second Best
Retail
$769.3K
$673.2K – $897.5K
NOI $53,852 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$933.0K
$816.4K – $1.09M
NOI $65,310 @ 7.0% cap · market cap 5.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
83
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Restaurant - Restaurant building with dock, boat slips, and outdoor cabana.
Where is this restaurant located?
The property is located at 103 Doe Run Ln Sec 10 Ridgeway, SC.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Only restaurant on Lake Wateree with a dock and 16 boat slips.; Turnkey restaurant business opportunity.; 3,789 SF Retail Restaurant Building.
