Turnkey Restaurant with Expansion
1705 Park View Rd Conway, SC 29526
1705 Park View Rd, Conway, SC, 29526
$475,000
For Sale
$475,000
For sale restaurant property on a 0.59-acre lot, with included FF&E and room to expand or add use.
Property Size1,500 SF
Lot Size0.59 Acres
Price / SF$316.67
Days on Market26
Property Features for 1705 Park View Rd
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Lot size
- 0.59 Acres
Listing agency
Duncan Group Properties
(843) 997-1599
Listed by
Ford Duncan · License #96866
(843) 997-1599
Source
Exprealty
Added: Jun 26 Updated: Jul 21 at 4:32AM Checked: Jul 21 at 4:32AM
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 Duncan Group Properties
Investment Insights
Based on property information with market context.
This for-sale restaurant property includes the land, building, and select furniture, fixtures, and equipment (FF&E), with the restaurant described as largely turnkey. The building and parking occupy only part of the lot, leaving additional land that could support expansion or the addition of another use.
The site is less than a block from Collins Park and is described as just off North Main Street, with minutes to historic downtown. The adjacent park is an 8.5-acre city park with amenities including tennis, pickleball, playground, and walking trails, and the public remarks note a recently rebuilt street with new sidewalks and added head-in parking.
For buyers, the current restaurant is noted as operating month-to-month, and would sign a lease with a new owner. The layout and remaining land are also described as leaving room to reposition into another restaurant concept, retail, or mixed commercial use in the future, subject to applicable approvals.
The site is less than a block from Collins Park and is described as just off North Main Street, with minutes to historic downtown. The adjacent park is an 8.5-acre city park with amenities including tennis, pickleball, playground, and walking trails, and the public remarks note a recently rebuilt street with new sidewalks and added head-in parking.
For buyers, the current restaurant is noted as operating month-to-month, and would sign a lease with a new owner. The layout and remaining land are also described as leaving room to reposition into another restaurant concept, retail, or mixed commercial use in the future, subject to applicable approvals.
Key Highlights
- Restaurant property for sale on a 0.59‑acre lot in Conway.
- Includes the land and building plus select furniture, fixtures, and equipment (FF&E).
- Sits less than a block from Collins Park (8.5‑acre city park with tennis, pickleball, playground, and walking trails).
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 | $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
—
—
no second resolved use
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
County Electric Supply ...
Electric Utility Company
Taqueria Antojitos Guanajuato
Restaurant
Similar For Sale Nearby
Similar Off Market Nearby
- Lin’s Garden — 1105 Church St, Conway, SC 29526
FAQs
What type of property is this?
Conventional restaurant - For sale restaurant property on a 0.59-acre lot, with included FF&E and room to expand or add use.
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: Restaurant property for sale on a 0.59‑acre lot in Conway.; Includes the land and building plus select furniture, fixtures, and equipment (FF&E).; Sits less than a block from Collins Park (8.5‑acre city park with tennis, pickleball, playground, and walking trails).
