701 Un Hwy Enoree, SC 29335-3607
This exceptional investment opportunity presents a fully renovated 1,500 square foot convenience store and restaurant located at 701 Union Hwy, Enoree, SC 29335, in Spartanburg County. The property sits on a lot ranging from 0.5 to 0.99 acres and includes two single-story buildings. Currently vacant, this turnkey operation boasts brand new equipment and prep stations, ready for immediate occupancy. The asking price is $179,000, representing a compelling price per square foot of $119.33. Financial projections indicate a strong pro-forma NOI of $72,000 and a remarkable pro-forma cap rate of 40.22%. This owner-user investment presents significant growth potential in a high-demand area. The property's APN is 4-63-00-061.02. This is a rare chance to acquire a well-equipped, renovated business in a thriving location. The property's previous success demonstrates its earning potential, making it an attractive proposition for savvy investors. Don't miss this chance to capitalize on this lucrative opportunity.
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Mama T's Country Store Grocery & Convenience Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.