Conway Convenience Store with Expansion
For Sale
$2,500,000
965 Bucksport Rd., Conway, SC 29527
SINGLE_FAMILY - Conway, SC
Property Size6,215 SF
Lot Size1.25 Acres
Price / SF$402.25
Days on Market127
Property Features for 965 Bucksport Rd.
General Information
Property type
Residential
Property subtype
Retail
Zoning
FA
Subdivision
25B Conway Area--between Wacc. River & 701 / includes Bucksport
Standard status
Active
Size
6,215 SF
Lot size
1.25 Acres
Building Details
Number of units
1
Listing Agency:
Above The Beach Real Estate
(843) 397-9434
Listed By:
Jennifer Lewis · License #82917
(843) 995-0375
Added: Mar 26
Changed: May 21
Last Checked: Jul 30 at 5:06PM
MLS# 2607842
Copyright © 2026 Coastal Carolina 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 business opportunity features a 4,000-square-foot convenience store with established operations in a stable location. The sale includes the business, the building, and approximately 1.25 acres of land. The property is currently used as a liquor and convenience store, but it was previously used as a restaurant and laundromat. The current reported income reflects a conservative operating model, with limited product expansion and minimal marketing efforts, presenting significant upside potential for a new owner. Opportunities include adding high-margin items such as hot food, lottery, and extended hours, along with stronger local marketing. With an existing customer base and infrastructure in place, this location is ideal for an owner-operator looking to grow revenue. The current performance should be viewed as a baseline, not the ceiling, with clear potential for increased cash flow with the right strategy. The property is located in Conway, South Carolina.
Key Highlights
- Includes business, building, and approx. 1.25 acres.
- Established convenience store with existing customer base and infrastructure.
- Significant upside potential through product expansion (hot food, lottery), extended hours, and marketing.
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 | $140.2k | $22.56 |
| − Vacancy | −$3.5k | −$0.56 |
| EGI | $136.7k | $22.00 |
| − OpEx | −$34.2k | −$5.50 |
| NOI | $102.5k | $16.50 |
6,215 SF · lease $22.56/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.46M
$1.28M – $1.71M
NOI $102,529 @ 7.0% cap · market cap 4.10%
Second Best
Retail
$1.29M
$1.13M – $1.51M
NOI $90,604 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$1.58M
$1.38M – $1.84M
NOI $110,259 @ 7.0% cap · market cap 4.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29527, SC
26,343
Population
11,447
Households
2.3
Avg Household Size
42
Median Age
14%
College-Educated
86%
High-School Grad
155.1 sq mi
ZIP Area
170
Density / Sq Mi
$53,078
Median Household Income
$32,294
Median Earnings
$962
Median Rent
$197,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Established convenience store on 1.25 acres with growth opportunities.
Where is this grocery and convenience store located?
The property is located at 965 Bucksport Rd. Conway, SC.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Includes business, building, and approx. 1.25 acres.; Established convenience store with existing customer base and infrastructure.; Significant upside potential through product expansion (hot food, lottery), extended hours, and marketing.