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    440 Coleman Blvd Mount Pleasant, SC 29464

    For Lease
    $624 /Mo ($4 SF/Yr)

    Established eatery, prime location, high potential.

    Lot size:
    1,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 1,500-square-foot restaurant in Mount Pleasant, South Carolina, presents a fantastic opportunity. Located at 440 W Coleman Blvd, in Charleston County, zip code 29464, this single-tenant property boasts a full-service setup, including a commercial hood system, a substantial 1000-gallon grease trap, and a large walk-in cooler. The restaurant comfortably seats approximately 60 diners indoors, with an additional 50+ seats available on a spacious outdoor patio. A significant portion of this patio is covered and climate-controlled, enhancing year-round usability. The property enjoys a desirable location surrounded by affluent residential areas, ensuring a strong customer base. The current monthly rent is approximately $7,500. This turnkey operation is available for purchase with an asking price of $250,000 in key money, assuming the existing lease agreement. The opportunity exists to continue the current concept or implement a new one.

    Property Features for 440 Coleman Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,500 SF
    Total Rate
    624

    Unit(s) available at that property

    Space
    Size
    1,500 SF
    Rate per SF
    $624

    HighLights

    • High‑traffic location with excellent street visibility.
    • Expansive patio area along Coleman frontage, significantly increasing seating capacity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Topsail Restaurant Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Pleasant
    County
    Charleston
    State
    South Carolina
    Longitude
    -79.88375929278
    Latitude
    32.795711644119

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    FAQs

    What type of property is this?
    Restaurant - Established eatery, prime location, high potential.
    Where is this restaurant located?
    The property is located at 440 Coleman Blvd Mount Pleasant, SC.
    What is the lease rate?
    The lease rate is $624 /Mo.
    What are key features of this property?
    This property features: High-traffic location with excellent street visibility.; Expansive patio area along Coleman frontage, significantly increasing seating capacity.;
    Request Owner's contact information
    440 Coleman Blvd Mount Pleasant, SC 29464
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    Mount Pleasant, SC 29464
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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

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    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
    440 Coleman Blvd Mount Pleasant, SC 29464
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