Property profile

203 Farrs Bridge Rd Pickens, SC 29671

FOR SALE
Turn key restaurants
Property ID
US77-1144755
1,456 SF 1.16 ac lot Built 1962
Individually Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional turnkey restaurant opportunity is located at 203 Farrs Bridge Rd, Pickens, SC 29671. The property boasts 1,456 square feet situated on a 1.085-acre lot, offering ample space for both indoor dining and potential outdoor seating. Priced at $350,000, this represents a compelling value at $240.38 per square foot. All existing furniture, fixtures, and equipment (FF&E) are included, significantly reducing start-up costs for a new owner. The property benefits from 170 feet of frontage on Farrs Bridge Rd, ensuring high visibility and convenient access. On-site parking is available for patrons and staff. The location is strategically positioned near the Doodle Trail and just 1.2 miles from downtown Pickens, providing access to a vibrant community and recreational opportunities. The property is zoned commercial and has a Pickens County Tax Map number of 4191-10-36-4286. Annual property taxes are $1,958.38. This vacant restaurant presents a unique chance to establish or relocate a thriving food service business in a desirable location. The inclusion of all FF&E makes this a truly turnkey operation, minimizing the time and expense associated with setting up a new restaurant. Don't miss this chance to own a well-located, fully equipped restaurant in Pickens, South Carolina.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1962
Construction WOOD FRAME
Total area 1,456 SF
Lot 1.16 ac (50,486 SF)
APN 4191-10-36-4286
UPID US77-1144755

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

203 Farrs Bridge Rd Pickens, SC 29671
Pickens metro Census 10502 GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$205k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2022
Last sale
$235,000
1 recorded transaction
2022
$235,000

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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