Restaurant Opportunity in Batesburg
442 E Railroad Ave Batesburg-Leesville, SC 29070
442 E Railroad Ave, Batesburg-Leesville, SC, 29070
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For Sale
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Restaurant with outdoor venue and expansion potential in thriving community.
Property Size1,800 SF
Price / SF$250
Days on Market757
Property Features for 442 E Railroad Ave
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Property subtype
- Retail
Listing agency
Meybohm Commercial
Listed by
Curtis Hanna · License #SC 132904 / GA 430540
Source
Crexi
Added: Jun 26, 2024 Updated: Jul 6 at 7:52AM Checked: Jul 21 at 4:53AM
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 Meybohm Commercial
Investment Insights
Based on property information with market context.
Located at 442 E Railroad Ave in Batesburg Leesville, SC, this property presents an investment opportunity in the Batesburg Leesville area. The current owners have improved the restaurant by building a larger kitchen, walk in refrigerator, increased indoor and outdoor seating, as well as adding an outside venue. The outdoor setting sets it apart from others in the area, as well as their expansive menu. The restaurant does not serve alcohol. There is potential for an investor who is willing to extend the current hours, focus on live entertainment, offer catering and expand to serve alcohol. Batesburg Leesville, SC, offers a welcoming environment for retail and restaurant investors, with a location moments from the heart of town. Nearby points of interest include Lake Murray and the downtown area with its unique shops and entertainment. The property size is 1800 square feet.
Key Highlights
- Established restaurant with recent improvements including a larger kitchen, walk‑in refrigerator, and increased indoor/outdoor seating.
- Unique outdoor venue setting, differentiating it from other restaurants in the area.
- Significant growth potential by extending hours, offering live entertainment, catering, and serving alcohol.
Local Financial Insights For Specialty Retail
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 | $36.1k | $20.04 |
| − Vacancy | −$1.5k | −$0.82 |
| EGI | $34.6k | $19.22 |
| − OpEx | −$8.6k | −$4.80 |
| NOI | $25.9k | $14.41 |
1,800 SF · lease $20.04/SF/yr · vacancy 4.10% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$370.6K
$324.3K – $432.4K
NOI $25,945 @ 7.0% cap · market cap 5.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$483.4K
$423.0K – $564.0K
NOI $33,840 @ 7.0% cap · market cap 7.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
HEbrews Café
Restaurant
Similar For Sale Nearby
Similar Off Market Nearby
- Shealy's Bar-B-Que — 340 E Columbia Ave, Batesburg-Leesville, SC 29070
FAQs
What type of property is this?
Conventional restaurant - Restaurant with outdoor venue and expansion potential in thriving community.
Where is this conventional restaurant located?
The property is located at 442 E Railroad Ave Batesburg-Leesville, SC.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Established restaurant with recent improvements including a larger kitchen, walk‑in refrigerator, and increased indoor/outdoor seating.; Unique outdoor venue setting, differentiating it from other restaurants in the area.; Significant growth potential by extending hours, offering live entertainment, catering, and serving alcohol.
