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Property profile & analytics
OFF-MARKET
Turn key restaurants

111 Middleton Way Greer, SC 29650-1303

0.46 ac lot
Entity Owned 14-yr Hold Free & Clear
Property ID
US77-0406214
Property summary
AI-generated overview

This exceptional commercial property, located at 111 Middleton in Greer, South Carolina, presents a unique investment opportunity. Situated on a 0.46-acre lot, the building boasts a prime location within the thriving Greer area, offering significant potential for a variety of commercial uses. The property features a beautifully maintained interior and exterior, showcasing recent updates completed within the last five years. These improvements include a newly installed roof (approximately five years old) and a striking, hand-crafted, built-in brick oven, adding a unique character to the space. A well-designed bar area is conveniently positioned opposite the dining area, suggesting potential for a restaurant or hospitality business. The absence of a seller's disclosure should be noted. Given the ongoing growth of Greer and its surrounding communities, this property offers considerable upside for an astute investor seeking a versatile commercial space with significant character and recent improvements. The property's size and features make it suitable for a range of commercial ventures, capitalizing on the area's expanding economy and strong market demand. The 0.46-acre lot provides ample space for potential expansion or outdoor amenities. This is a rare opportunity to acquire a well-maintained, updated commercial property in a highly desirable location.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Lot 0.46 ac (19,950 SF)
Zoning code C2
APN G012.00-01-002.07
UPID US77-0406214
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Al-achkar INC · 14 yrs held
Al-achkar INC
since 2012
3 recorded transactions
2017
Price N/A
2012
$285,000
1969
Price N/A
Zoning & alternative use
C2 · Greer, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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