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    3105 Main Hwy Bamberg, SC 29003

    For Sale
    $199,000

    Historic Bamberg building, multiple uses, great income potential.

    Property size:
    1,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional mixed-use property, located at 3105 Main Hwy in Bamberg, South Carolina, presents a rare investment opportunity. The property consists of two, one-story buildings totaling between 1,000 and 1,500 square feet, constructed in 1921 and zoned for commercial use. Currently operating at 50% occupancy, the property offers a sale/leaseback investment structure with a projected vacancy date of June 28, 2024. The asking price is $199,000. The property's versatile layout allows for a variety of uses, including restaurant, internet cafe, bakery, retail space, or offices. Situated in the heart of downtown Bamberg, this property benefits from its prime location and the potential for significant rental income. The property's historic charm combined with its modern adaptability makes it an attractive investment for both seasoned and new investors seeking a strong return on investment. The sale is a direct owner sale, offering a streamlined closing process. This is one of the few viable buildings in downtown Bamberg, SC, making it a unique and highly sought-after opportunity. The property offers both retail income and passive income potential.

    Property Features for 3105 Main Hwy

    General Information

    Property type
    Restaurants
    Square Feet
    1,000 SF

    Building Details

    Year Built
    1921
    Buildings
    2
    Stories
    1

    HighLights

    • High‑yield retail investment property.
    • Excellent passive income stream.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bamberg
    County
    Bamberg
    State
    South Carolina
    Longitude
    -81.035344238695
    Latitude
    33.296072177576

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    FAQs

    What type of property is this?
    Restaurant - Historic Bamberg building, multiple uses, great income potential.
    Where is this restaurant located?
    The property is located at 3105 Main Hwy Bamberg, SC.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: High-yield retail investment property.; Excellent passive income stream.;
    Request Owner's contact information
    3105 Main Hwy Bamberg, SC 29003
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    Bamberg, SC 29003
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3105 Main Hwy Bamberg, SC 29003
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