135 Palmetto St Florence, SC 29506-2580
Property profile & analytics
135 Palmetto St, Florence, SC 29506-2580
- Turn key restaurants
- 4,242 SF
- 0.42 lot acres
Property ID
US77-1705388
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- The Drive In / Restaurant / Take-out & Catering
Property Details for 135 Palmetto St
- Year built
- 2006
- Lot size
- 0.42 lot acres
- Zone code
- B3
- Property type
- Turn key restaurants
- APN
- 90087-03-018
- APU
- 9008703018
Description
This exceptional offering presents a lucrative opportunity to acquire a highly successful, family-owned restaurant in Florence, South Carolina's vibrant Central Business District. The main restaurant, established in 1957, boasts 4,000 square feet and enjoys strong sales and profits. The sale includes the business, all furniture, fixtures, and inventory. Adding significant value is an adjacent 2,000 square foot building situated at the corner of Palmetto and Dargan Streets, currently leased to two high-quality tenants. This combined property, encompassing two buildings totaling 6,000 square feet on a single story, is offered at $3,400,000. Built in 2007, the property is classified as Class A and features a single tenancy for the restaurant and two separate units in the adjacent building. The strategic downtown location ensures consistent foot traffic and strong local clientele. This turnkey operation presents a rare chance to step into a well-established, profitable business with significant income potential from both the restaurant and the rental units. The property's prime location and strong financial performance make it an ideal investment for discerning buyers seeking a proven, successful venture in a thriving South Carolina market. The permitted zoning is Central Business District.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Florence
- County
- Florence
- State
- South Carolina
- Longitude
- -79.7651
- Latitude
- 34.1941
- CBSA code
- 22500
- CBSA name
- FLORENCE, SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$15,571
$7,416
$21,679
$29,095
-
$185,400
$541,967
$727,367
