Restaurant Building with Expansion
For Sale
$475,000
1705 Park View Rd., Conway, SC 29526
COMMERCIAL - Conway, SC
Property Size1,500 SF
Lot Size0.59 Acres
Price / SF$316.67
Days on Market41
Property Features for 1705 Park View Rd.
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
NC
Exterior features
Kitchen Facility, Restrooms - Private, Outside Storage
Subdivision
21D Conway central between 501& 9th Ave / south of 501
Standard status
Active
Size
1,500 SF
Lot size
0.59 Acres
Building Details
Floors in Building
1
Number of units
1
Additional Structures
Storage
Listing Agency:
Duncan Group Properties
(843) 929-1577
Listed By:
Ford Duncan · License #96866
(843) 997-1599
Added: Jun 26
Changed: Aug 4
Last Checked: Aug 5 at 1:06PM
MLS# 2616140
Copyright © 2026 Coastal Carolina Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,500-square-foot restaurant property includes the land, building, and select furniture, fixtures, and equipment. The interior features a kitchen facility and private restrooms, while outdoor storage is also available. The restaurant operates on a month-to-month basis, and the current operator would sign a lease with a new owner.
The property occupies a 0.59-acre lot less than a block from Collins Park and just off North Main Street, with historic downtown Conway only minutes away. Building and parking use part of the site, leaving additional land for expansion or another commercial use. The recently rebuilt street includes new sidewalks and added head-in parking.
The property occupies a 0.59-acre lot less than a block from Collins Park and just off North Main Street, with historic downtown Conway only minutes away. Building and parking use part of the site, leaving additional land for expansion or another commercial use. The recently rebuilt street includes new sidewalks and added head-in parking.
Key Highlights
- 1,500‑square‑foot restaurant building on a 0.59‑acre lot
- Includes select furniture, fixtures, and equipment
- Kitchen facility, private restrooms, and outdoor storage
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 | $33.8k | $22.56 |
| − Vacancy | −$846 | −$0.56 |
| EGI | $33.0k | $22.00 |
| − OpEx | −$8.2k | −$5.50 |
| NOI | $24.7k | $16.50 |
1,500 SF · lease $22.56/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$353.5K
$309.3K – $412.4K
NOI $24,746 @ 7.0% cap · market cap 5.21%
Second Best
Retail
$312.4K
$273.3K – $364.5K
NOI $21,867 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$380.2K
$332.6K – $443.5K
NOI $26,611 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
475
Businesses Nearby
260k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 84%
Apparel 7%
Shops & Services 4%
Groceries 3%
Chick-fil-A
Dining
45,575 visits/mo
0.5 miles
McDonald's
Dining
38,828 visits/mo
0.4 miles
Bojangles' Famous Chicken 'n Biscuits
Dining
25,151 visits/mo
0.5 miles
Starbucks
Dining
18,915 visits/mo
0.4 miles
Belk
Apparel
17,081 visits/mo
0.3 miles
Demographics for 29526, SC
51,403
Population
20,301
Households
2.5
Avg Household Size
40
Median Age
23%
College-Educated
89%
High-School Grad
175.0 sq mi
ZIP Area
294
Density / Sq Mi
$66,490
Median Household Income
$28,341
Median Earnings
$943
Median Rent
$232,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Lin’s Garden — 1105 Church St, Conway, SC 29526
Frequently Asked Questions
What type of property is this?
Conventional restaurant - NC-zoned restaurant property with kitchen facilities, private restrooms, outdoor storage, and on-site parking.
Where is this conventional restaurant located?
The property is located at 1705 Park View Rd. Conway, SC.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 1,500‑square‑foot restaurant building on a 0.59‑acre lot; Includes select furniture, fixtures, and equipment; Kitchen facility, private restrooms, and outdoor storage
