Restaurant Property with
For Sale
$139,000
27 E Main Street, Ware Shoals, SC 29692
Commercial Sale, Ware Shoals, SC
Property Size1,358 SF
Lot Size0.26 Acres
Price / SF$102.36
Days on Market449
Property Features for 27 E Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-2
Subdivision
NOT IN SUBDIVIS
Standard status
Active
Size
1,358 SF
Lot size
0.26 Acres
Building Details
Year built
1968
Listing Agency:
Greenwood Realty Inc.
(864) 388-0202
Listed By:
Renee Simchon
(864) 344-2525
Added: Jul 22, 2025
Changed: Aug 19
Last Checked: Oct 13 at 5:06PM
MLS# 133111
Copyright © 2026 Greenwood 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 restaurant property includes 1,358 square feet with seating for 50+ guests and a fully operational kitchen. The building dates to 1968 and is currently occupied under a month-to-month lease by Country Cook-in. The site includes dedicated parking with additional room for overflow parking.
Positioned on approximately 0.26 acres along Main Street, the property has about 80 feet of frontage and sits across from the town’s new Amphitheater Project. The location is in Ware Shoals, within Greenwood County, and is zoned C-2. Its riverfront setting and existing restaurant improvements support continued food-service use or redevelopment planning.
Positioned on approximately 0.26 acres along Main Street, the property has about 80 feet of frontage and sits across from the town’s new Amphitheater Project. The location is in Ware Shoals, within Greenwood County, and is zoned C-2. Its riverfront setting and existing restaurant improvements support continued food-service use or redevelopment planning.
Key Highlights
- 1,358‑square‑foot restaurant property with seating for 50+ guests
- Fully operational kitchen and dedicated parking with overflow space
- Approximately 0.26 acres zoned C‑2
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,999
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$159,980
$160.0K
Cap Rate 7%
$114,271
$114.3K
Cap Rate 9%
$88,878
$88.9K
Market Conditions
NOI Build-Up for 1,358 SF
Gross rent
$12.2K $9.00/SF
− Vacancy
−$794 −$0.59/SF
EGI
$11.4K $8.42/SF
− OpEx
−$3.4K −$2.52/SF
NOI
$8.0K $5.89/SF
Area
Greenwood County, SC
Vacancy
6.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$159,980
Cap Rate 7%
$114,271
Cap Rate 9%
$88,878
Alternative Uses
Best Use
Specialty Retail
$252.5K
$220.9K – $294.6K
NOI $17,673 @ 7.0% cap · market cap 12.71%
Second Best
Industrial
$114.3K
$100.0K – $133.3K
NOI $7,999 @ 7.0% cap · market cap 5.75%
Theoretical Best
Office A
$426.6K
$373.3K – $497.7K
NOI $29,862 @ 7.0% cap · market cap 21.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
149
Businesses Nearby
10k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 71%
Shops & Services 29%
Piggly Wiggly
Groceries
6,864 visits/mo
0.5 miles
Family Dollar
Shops & Services
2,335 visits/mo
0.5 miles
Napa Auto Parts
Shops & Services
526 visits/mo
0.4 miles
Demographics for 29692, SC
4,602
Population
2,630
Households
1.7
Avg Household Size
44
Median Age
17%
College-Educated
85%
High-School Grad
48.6 sq mi
ZIP Area
95
Density / Sq Mi
$42,533
Median Household Income
$32,128
Median Earnings
$744
Median Rent
$95,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - C-2 restaurant property with seating, a functioning kitchen, and dedicated parking near the Saluda River.
Where is this conventional restaurant located?
The property is located at 27 E Main Street Ware Shoals, SC.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: 1,358‑square‑foot restaurant property with seating for 50+ guests; Fully operational kitchen and dedicated parking with overflow space; Approximately 0.26 acres zoned C‑2
