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    FOR SALE
    Turn key restaurants

    622 Mulberry St, Hampton, SC 29924

    Individually Owned 3-yr Hold Free & Clear
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    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
    Marlena Morris · 3 yrs held
    Marlena Morris
    since 2022
    Last sale
    $20,000
    4 recorded transactions
    2022
    2015
    $20,000
    2012
    2005
    $7,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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