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    FOR SALE
    Turn key restaurants

    1601 Piedmont Hwy Piedmont, SC 29673

    2.61 ac lot
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US77-0746463
    1601 Piedmont Hwy, Piedmont, SC 29673 For Sale 1 / 36
    $1,490,000
    1601 Piedmont Hwy, Piedmont, SC 29673
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    Property summary
    AI-generated overview

    This exceptional 6,445-square-foot restaurant and bar, located at 1601 Piedmont Hwy in Piedmont, South Carolina, presents a rare investment opportunity. Situated on a 2.61-acre lot (APN: WG08.00-01-001.06) and zoned C-2, this single-story, 1990-built establishment underwent a complete renovation in 2024. The property features a fully equipped kitchen, a large indoor bar, and an expansive outdoor bar area, perfect for hosting events such as weddings, celebrations, and corporate functions. Ample parking is available. Recent upgrades include three 3-ton HVAC units (less than 4 years old), a new (2024) hot water heater, custom leather booths, and a comprehensive 19-camera security system. Additional equipment is detailed in a separate list. The building boasts a durable metal roof. The asking price is $2,000,000 ($310.32/sq ft). The seller will consider leasing options to qualified candidates. Proof of funds is required before scheduling a showing.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Lot 2.61 ac (113,735 SF)
    Zoning code C2
    APN WG08.00-01-001.06
    UPID US77-0746463
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Colossal Ventures LLC · 5 yrs held
    Colossal Ventures LLC
    since 2021
    Last sale
    $475,000
    1 recorded transaction
    2021
    $475,000
    Zoning & alternative use
    C2 · Piedmont, SC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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