7 Greenwood Dr, Hilton Head Island, SC 29928-4511
- Turn key restaurants
- 2,925 SF
- 4.52 lot acres
Current Use by Public Records
- I&Ncash Advance / Loan Service / Financial Advisor
- Deano's Wood Fired Grill / Restaurant
- Coastal Restaurants and Bars Corporate Office / Restaurant
- The Boardroom / Music Venue / Bar & Pub
Property Details for 7 Greenwood Dr
- Year built
- 1971
- Lot size
- 4.52 lot acres
- Zone code
- 6615
- Property type
- Turn key restaurants
- APN
- R552 015 000 0003 0000
- APU
- R55201500000030000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 24, 2005 | $4,600,000 | Tdb Reilley Investments LLC | Hilton Head Plaza Assocs INC | Grant Deed | $4M · * Other Institutional Lenders |
| — | — | Tdbj LLC | — | Deed Of Trust · related | $4M · Jefferies Loancore |
Description
This exceptional restaurant space in Hilton Head Island, South Carolina, presents a unique investment opportunity. Located at 7 Greenwood Dr, 29928, this single-tenant property offers flexible square footage options ranging from 1,973 to 5,413 square feet, catering to various business needs and budgets. The property boasts a recently completed, high-quality renovation and build-out, including a full infrastructure package less than two years old. An attractive outdoor patio enhances the dining experience. The property is offered as a turnkey operation, allowing for immediate occupancy and operation of an existing concept or the implementation of a new one. Three different price points are available, ranging from $150,000 to $600,000, depending on the chosen square footage. This prime location within Hilton Head Island benefits from a thriving market, with nearby full-service restaurants generating multi-million dollar sales annually, and bars exceeding $6 million in annual sales. This presents a compelling opportunity to establish or expand a successful culinary venture in a high-demand area. The property's recent upgrades minimize upfront capital expenditures, allowing for a faster return on investment. Contact us to discuss the various size and pricing options available.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,646,000
- AI Estimate
- $1,646,000
Market price range: $494k - $1.65MMarket price range: $494k - $1.65M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $1,050,000 Current use
- AUTO REPAIR, GARAGE
- $1,000,000 Change: -5% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Hilton Head Island
- County
- Beaufort
- State
- South Carolina
- Longitude
- -80.7646
- Latitude
- 32.1546
- CBSA code
- 25940
- CBSA name
- HILTON HEAD ISLAND-BEAUFORT, SC MICROPOLITAN STATISTICAL AREA
