440 E Cherokee St, Blacksburg, SC 29702

Building Details

Units 2 More

Tenancy Multi More

Listing Agency: NAI Earle Furman Spartanburg

Listed By: Brian Hammond Show Phone

Source: Crexi

Added: Mar 9 Changed: Nov 12 Last Checked: Nov 14 at 3:37AM

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Investment Insights

Based on property information with market context.

This commercial real estate offering features an approximately 3.2-acre parcel improved with two commercial buildings. Building 1 offers approximately 4,900 square feet of space, while Building 2 provides approximately 1,800 square feet. Both buildings are currently leased as restaurant spaces. The property is located within the city limits of Blacksburg, South Carolina. The parcel consists of multiple tax lots: 173-07-00-056.000 (0.72 acres), 173-07-00-053.000 (0.16 acres), 173-07-00-053.001 (1.38 acres), 173-07-00-053.002 (0.28 acres), 173-07-00-053.003 (0.27 acres), and 173-07-00-053.004 (0.39 acres).

Key Highlights

• Excellent investment opportunity with two commercial buildings fully leased as restaurant space.
• Total land area of ±3.2 acres.
• Building 1 is ±4,900 SF.

Property Analytics

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

Open Analytics

Current Use

Restaurants

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Bakery Furniture & Home Goods Real Estate Agency Nail Salon

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

Location Intelligence

Trade Area within ½ mile

199

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 29702, SC

9,804

Population

4,220

Households

2.3

Avg Household Size

42

Median Age

15%

College-Educated

84%

High-School Grad

93.4 sq mi

ZIP Area

105

Density / Sq Mi

$50,867

Median Household Income

$35,928

Median Earnings

$724

Median Rent

$120,300

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Restaurant - Two commercial buildings on a 3.2 acre parcel.

Where is this restaurant located?

The property is located at 440 E Cherokee St Blacksburg, SC.

What is the asking price?

The asking price for this property is $850,000.

What are key features of this property?

This property features: Excellent investment opportunity with two commercial buildings fully leased as restaurant space.; Total land area of ±3.2 acres.; Building 1 is ±4,900 SF.