Property summary
This exceptional Charleston restaurant, located at 267-C Rutledge Avenue, presents a unique investment opportunity. The 1,965 square foot space boasts a full build-out and restoration completed in 2019, featuring high ceilings and inviting French doors opening directly onto Rutledge Avenue. This single-tenant property, previously operating as Chasing Sage, is fully equipped as a full-service restaurant and bar, comfortably seating 50-70 patrons. The current lease has approximately 10.5 years remaining at a monthly rent of approximately $7,200. The asking price of $299,000 includes fixtures, furniture, and equipment (FF&E) and lease assumption. The property is zoned commercial and situated in Charleston County, South Carolina, zip code 29403. This turnkey operation is ideally positioned to capitalize on Charleston's thriving culinary scene. The property's prime location and established infrastructure offer immediate potential for a new owner. This is a rare opportunity to acquire a well-established restaurant with significant remaining lease term in a highly desirable location. Serious inquiries only.
Property profile
VerifiedCap rate & NOI
Current use
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Bar & Pub
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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