Turnkey Restaurant with Commercial
2587 Highway 1 N Cassatt, SC 29032
2587 Highway 1 N, Cassatt, SC, 29032
$300,000
For Sale
$300,000
Recently remodeled restaurant building on highly visible U.S. Highway 1, including fully equipped commercial kitchen and included major equipment.
Property Size2,058 SF
Price / SF$145.77
Days on Market14
Property Features for 2587 Highway 1 N
General Information
- Standard status
- Active
- Size
- 2,058 SF
Listing agency
Graham Realty, Inc
(803) 427-0811
Listed by
Jeffrey Graham · License #72849
Source
Exprealty
Added: Jul 9 Updated: Jul 21 at 11:46PM Checked: Jul 22 at 10:25AM
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 Graham Realty, Inc
Investment Insights
Based on property information with market context.
HWY 1 Cafe is a 2,058-square-foot restaurant property that has been recently and extensively remodeled to support a clean, functional dining operation. The sale includes the business and a fully equipped commercial kitchen with major restaurant equipment conveying.
The property sits on highly visible U.S. Highway 1 in Cassatt, SC, with roadside visibility and on-site parking. Important infrastructure updates have been completed, including new plumbing, updated HVAC, and new septic systems.
The restaurant is currently temporarily closed, and the seller is willing to provide training and transition support to help a new owner get started.
The property sits on highly visible U.S. Highway 1 in Cassatt, SC, with roadside visibility and on-site parking. Important infrastructure updates have been completed, including new plumbing, updated HVAC, and new septic systems.
The restaurant is currently temporarily closed, and the seller is willing to provide training and transition support to help a new owner get started.
Key Highlights
- 2,058 SF commercial restaurant building on highly visible U.S. Highway 1 in Cassatt, SC
- Recently and extensively remodeled interior for a clean, functional dining and service setting
- Sale includes the business plus a fully equipped commercial kitchen and major restaurant equipment
Local Financial Insights For Industrial
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 | $37.8k | $18.36 |
| − Vacancy | −$1.9k | −$0.92 |
| EGI | $35.9k | $17.44 |
| − OpEx | −$10.8k | −$5.23 |
| NOI | $25.1k | $12.21 |
2,058 SF · lease $18.36/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$475.1K
$415.7K – $554.3K
NOI $33,256 @ 7.0% cap · market cap 11.09%
Second Best
Industrial
$359.0K
$314.1K – $418.8K
NOI $25,127 @ 7.0% cap · market cap 8.38%
Theoretical Best
Office A
$506.8K
$443.4K – $591.2K
NOI $35,473 @ 7.0% cap · market cap 11.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar Off Market Nearby
- Hwy 1 Cafe — 2587 US-1, Cassatt, SC 29032
FAQs
What type of property is this?
Conventional restaurant - Recently remodeled restaurant building on highly visible U.S. Highway 1, including fully equipped commercial kitchen and included major equipment.
Where is this conventional restaurant located?
The property is located at 2587 Highway 1 N Cassatt, SC.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 2,058 SF commercial restaurant building on highly visible U.S. Highway 1 in Cassatt, SC; Recently and extensively remodeled interior for a clean, functional dining and service setting; Sale includes the business plus a fully equipped commercial kitchen and major restaurant equipment
