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622 Mulberry St Hampton, SC 29924

Turn key restaurants Google Maps
Individually Owned 3-yr Hold Free & Clear
Estimated value
No estimation on file for this property yet.
Property ID US77-2531596

Property summary

AI-generated overview

Discover a fantastic investment opportunity in Hampton, South Carolina! This 2,400 square foot storefront, located at 622 Mulberry St W, is offered at $125,000. Built in 1948, the property sits on a 0.08-acre lot and is zoned C, offering considerable flexibility for a variety of commercial uses. Currently operating as a retail consignment shop, the space presents a turnkey solution for an established business or a blank canvas for a new venture. Its prime location on Mulberry Street in Hampton provides excellent visibility and accessibility. The substantial square footage allows for ample space to create a thriving retail operation, a unique restaurant concept, or a dynamic office environment. This property represents a rare chance to acquire a well-situated commercial space in a growing community. The asking price of $125,000 makes this an attractive proposition for investors seeking a strong return on investment. Don't miss this chance to own a piece of Hampton's vibrant commercial landscape. The property's history and current configuration offer a solid foundation for future success. Serious inquiries are encouraged.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
APN 119-02-03-003
UPID US77-2531596

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2022
Last sale
$20,000
4 recorded transactions
2022
Price N/A
2015
$20,000
2012
Price N/A
2005
$7,000

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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More about this property
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