135 Palmetto St Florence, SC 29506
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Thriving Restaurant & Income Property
Property size:
6,000 SFProperty Features for 135 Palmetto St
General Information
- Property type
- Restaurants
- Square Feet
- 6,000 SF
- Class
- A
Building Details
- Year Built
- 2007
- Buildings
- 2
- Stories
- 1
- Units
- 3
Listing Agency: Plc Commercial Listing Agent: Ken Jackson
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional offering presents a lucrative opportunity to acquire a highly successful, family-owned restaurant in Florence, South Carolina's vibrant Central Business District. The main restaurant, established in 1957, boasts 4,000 square feet and enjoys strong sales and profits. The sale includes the business, all furniture, fixtures, and inventory. Adding significant value is an adjacent 2,000 square foot building situated at the corner of Palmetto and Dargan Streets, currently leased to two high-quality tenants. This combined property, encompassing two buildings totaling 6,000 square feet on a single story, is offered at $3,400,000. Built in 2007, the property is classified as Class A and features a single tenancy for the restaurant and two separate units in the adjacent building. The strategic downtown location ensures consistent foot traffic and strong local clientele. This turnkey operation presents a rare chance to step into a well-established, profitable business with significant income potential from both the restaurant and the rental units. The property's prime location and strong financial performance make it an ideal investment for discerning buyers seeking a proven, successful venture in a thriving South Carolina market. The permitted zoning is Central Business District.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
The Drive In
Restaurant
Location Insight
- Map
- Local Demand
- City
- Florence
- County
- Florence
- State
- South Carolina
- Longitude
- -79.76506394
- Latitude
- 34.19384865
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FAQs
What type of property is this?
Restaurant - Thriving Restaurant & Income Property
Where is this restaurant located?
The property is located at 135 Palmetto St Florence, SC.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: $3,400,000 asking price for a profitable, established restaurant business.; 6,000 square foot restaurant in Florence, SC's Central Business District.; Includes two buildings totaling 6,000 square feet; the main restaurant and an adjacent building with two tenants.
