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Equipped Restaurant with Business

2009 Greene Street 102, Columbia, SC 29205

For Sale
$200,000

The offering combines the restaurant real estate with an operating food-service business and its furniture, fixtures, and equipment.

Property Size584 SF
Price / SF$342.47
Days on Market58

Property Features for 2009 Greene Street 102

General Information

Standard status Active
Size 584 SF
Property subtype Commercial

Site & Location

Neighborhood Martin Luther King Neighborhood

Additional Details

Furnished Yes
Business Included Yes
Equipment Included Yes
Currently Operating Yes

Building Details

Building Size 584 SF
Year Built 1985
Listing Agency: United Real Estate SC
Listed By: Lu Liu
Source: Margaret-ann
Added: Sep 13 Changed: Nov 7 Last Checked: Nov 8 at 9:44PM

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 United Real Estate SC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The restaurant property and the operating Poke Bros business are offered together. The business has operated at this location for 9+ years, and the sale includes restaurant furniture, fixtures, equipment, and other business assets. The building dates to 1985.

The address is 2009 Greene Street, Unit 102, in Columbia’s Five Points area.

Key Highlights

  • Restaurant real estate and operating business offered together
  • Poke Bros has operated at this location for 9+ years
  • Sale includes furniture, fixtures, equipment, and other business assets

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,437
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$188,740 $188.7K
Cap Rate 7%
$134,814 $134.8K
Cap Rate 9%
$104,856 $104.9K
Market Conditions
NOI Build-Up for 584 SF
Gross rent
$13.3K $22.80/SF
− Vacancy
−$732 −$1.25/SF
EGI
$12.6K $21.55/SF
− OpEx
−$3.1K −$5.39/SF
NOI
$9.4K $16.16/SF
Area
Columbia, SC
Vacancy
5.50%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$188,740
Cap Rate 7%
$134,814
Cap Rate 9%
$104,856

Alternative Uses

Best Use
Specialty Retail
$134.8K
$118.0K – $157.3K (±1% cap)
NOI $9,437 @ 7.0% cap · market cap 4.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$143.8K
$125.8K – $167.8K (±1% cap)
NOI $10,066 @ 7.0% cap · market cap 5.03%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Sammi's Deli Food Market Poke Bros. Bar & Pub Plaza Centre Condominium Complex ATM Atm Southern Cypress Tattoo Tattoo & Piercing Shop

Suggested Use

Top Pick HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store Storage Facility Furniture & Home Goods Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,974
Businesses Nearby
185k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 63% Groceries 19% Shops & Services 16% Apparel 1%
Chick-fil-A Dining
48,759 visits/mo 0.1 miles
Food Lion Grocery Store Groceries
35,800 visits/mo 0.2 miles
Cook Out Dining
32,128 visits/mo 0.3 miles
Shell Shops & Services
13,620 visits/mo 0.4 miles
Groucho's Deli Dining
10,047 visits/mo 0.3 miles

Demographics for 29205, SC

23,586
Population
12,792
Households
1.8
Avg Household Size
34
Median Age
66%
College-Educated
96%
High-School Grad
6.5 sq mi
ZIP Area
3,629
Density / Sq Mi
$62,197
Median Household Income
$41,660
Median Earnings
$1,100
Median Rent
$335,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Columbia, SC

6.6% 2020
6.6% 2021
5.7% 2022
4.4% 2023
5.4% 2024
5.7% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The offering combines the restaurant real estate with an operating food-service business and its furniture, fixtures, and equipment.
Where is this conventional restaurant located?
The property is located at 2009 Greene Street 102 Columbia, SC.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Restaurant real estate and operating business offered together; Poke Bros has operated at this location for 9+ years; Sale includes furniture, fixtures, equipment, and other business assets
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