137 East Palmetto Street Florence, SC 29506

Building Details

Year Built

2015

Listing office Bootstrapped a***@porchd.com Show Phone

Listing date May 19, 2026

Source Crexi

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Investment Insights

Based on property information with market context.

This freestanding corner building is located in Florence, SC, and features a dedicated on-site parking lot. The property includes prominent pylon signage on E. Palmetto St. The building has a brick exterior with a metal roof and a fully built-out interior, including a full dining room with booths and tables. An adjacent second unit is mid-renovation and available for catering, private dining, or sublease. The landlord has confirmed continued occupancy with zero displacement risk. The property has a 9-year operating history with zero loss years and 4 consecutive years of gross revenue growth verified by tax returns. Active delivery platforms, including DoorDash, GrubHub, and Uber Eats, are operational. The cost of goods sold (COGS) is held at approximately 42-43% of gross across all operating years. The property's market position is capacity-constrained, with expansion potential through the adjacent unit, which is positioned for ABC retail, a catering commissary, cooking classes, a private event space, or a ghost kitchen buildout.

Key Highlights

• Freestanding corner building with dedicated on‑site parking and prominent signage.
• Proven 9‑year operating history with zero loss years and 4 consecutive years of gross revenue growth.
• Adjacent unit available for expansion: catering, private dining, or sublease.

Property Analytics

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FAQs

What type of property is this?

Conventional restaurant - Corner restaurant building with parking and expansion potential.

Where is this conventional restaurant located?

The property is located at 137 East Palmetto Street Florence, SC.

What is the asking price?

The asking price for this property is $250,000.

What are key features of this property?

This property features: Freestanding corner building with dedicated on‑site parking and prominent signage.; Proven 9‑year operating history with zero loss years and 4 consecutive years of gross revenue growth.; Adjacent unit available for expansion: catering, private dining, or sublease.