Property summary
This exceptional 5,000-square-foot restaurant in St. George, South Carolina, presents a compelling investment opportunity. Located just two miles from I-95 and 3.2 miles from Google's new data center at Winding Woods Commerce Park, this property benefits from a prime location poised for significant growth. Currently leased to an established business offering restaurant, catering, and special event services, the property boasts a one-year lease expiring March 31, 2025, with two options, generating $5,000 monthly rent plus CAM, and featuring a 3% annual escalation clause. Recent renovations include a new HVAC system, sprinkler system, gas cooking appliances, and connection to public water and sewer. The fully equipped, 600+ square-foot commercial kitchen includes a walk-in cooler/freezer, vent hood, and grease trap. The two-story building features attractive exposed brick walls, a 20-foot bar, and an open stairway. A private second-floor event space accommodates up to 70 guests, complete with a separate bar and restroom. Outdoor amenities include a 600+ square-foot climate-controlled covered patio and a pet-friendly pergola-covered patio. The asking price is $750,000, offering investors two distinct paths: purchase with the existing tenant and secure a steady income stream, or buy the building and negotiate a tenant buyout to operate the existing businesses or pursue alternative uses. Seller financing is available. All permanently attached restaurant fixtures and equipment are included in the sale. This property offers substantial potential for both passive and active investors seeking a foothold in a rapidly developing area.
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