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Property profile & analytics
OFF-MARKET
Bars & Pubs

280 Whitney Rd Spartanburg, SC 29303-3133

2,154 SF 1.04 ac lot Built 1966
Entity Owned 4-yr Hold Free & Clear
Property ID
US77-0643172
Property summary
AI-generated overview

This exceptional turnkey restaurant and sports bar opportunity is located at 280 Whitney Road in Spartanburg, South Carolina. The property boasts a full kitchen equipped with a walk-in freezer and ice machine, ensuring efficient food preparation and storage. A fully functional bar area, complete with pool tables, provides ample entertainment options for patrons. The outdoor patio and bar area offer additional seating and a vibrant atmosphere, ideal for warmer weather. A private office with its own restroom provides a dedicated space for management or administrative tasks. The property sits on a 1.03-acre lot, offering potential for expansion or outdoor improvements. Its prime location, just one block from the Spartanburg Medical Center, guarantees high visibility and foot traffic, making it an attractive investment for a seasoned restaurateur or a new business venture. The asking price for this established business is $459,000. The square footage is not currently available. This is a rare opportunity to acquire a well-equipped and strategically located commercial property in a thriving area of Spartanburg. Serious inquiries only.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1966
Construction BRICK
Total area 2,154 SF
Lot 1.04 ac (45,477 SF)
APN 7-0809-10600
UPID US77-0643172
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
Current use
Occupant on record · Public records
  • ATM Atm
  • Mist-N-Smoke Lounge Bar & Pub Nightclub
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
280 Whitney Road LLC · 4 yrs held
280 Whitney Road LLC
since 2022
Last sale
$240,000
3 recorded transactions
2022
Price N/A
2022
$240,000
2018
$168,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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