Property profile

1690 Main St Duncan, SC 29334

OFF-MARKET
Turn key restaurants
Property ID
US77-0509101
4,136 SF 2.08 ac lot Built 1995
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional opportunity presents the chance to acquire a highly successful, established restaurant in Duncan, South Carolina. Located in a prime growth area of Spartanburg County, this iconic eatery has thrived for nearly three decades, boasting a proven track record of profitability. The fully operational restaurant is immediately available, eliminating the lengthy delays associated with permitting and new construction. This presents a unique advantage for prospective buyers seeking a turnkey operation or those wishing to establish their own brand within an existing, successful framework. The property encompasses over two acres of land, a significant asset offering ample space for expansion or diversification. Furthermore, it enjoys exclusive sewer access on its side of the street, a considerable benefit for future development. Currently closed on Sundays and for breakfast service, the restaurant possesses untapped potential for increased revenue streams. The current owners are committed to a smooth transition, offering assistance with management and sharing their renowned recipes to ensure continued success. A business buy-out with a leaseback option to a qualified buyer may also be considered. This is a truly rare and exceptional investment opportunity in a thriving market.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1995
Construction BRICK
Total area 4,136 SF
Lot 2.08 ac (90,605 SF)
APN 5-2600-00303
UPID US77-0509101

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

1690 Main St Duncan, SC 29334-9706
Duncan metro Census 23406 SPARTANBURG, SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2026
7 recorded transactions
2026
$2.3M
2017
Price N/A
2009
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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