Walterboro, SC 29488
- $166.48Price per SqFt
- 1,796SqFt
- 168Days on Market
- N/AZoning
- 1950Year Built
- HospitalityUse
- MLS# 31002298
- Commercial Sales
- Hospitality
- Active
- Approx Time on Market5 months, 16 days
- Area82 - Cln - Colleton
- CountyColleton
- SubdivisionN/A
Overview
Well known downtown Walterboro restaurant business available for sale WITH real estate. Robust 30% cash flow; 2022 sales exceeded $350,000 on just 5-day/week dinner service. -- Little to no competition as one of the few true sit-down dining destinations in the area. -- Tremendous loyal customer base from the community, and snowbird / business travelers. -- Retain the name and successful concept for Carmine's Trattoria, or re-brand and modify to any concept you desire. -- Training negotiable. -- Fully equipped commercial kitchen includes 16' vent hood, 22-burner cook-top, double ovens, and more. -- Inviting 1800+/- square foot interior dining room and bar seats up to 47 patrons. -- Location Location, Location: strategically positioned to benefit from the rapid expansion of area manufacturing businesses. -- According to the Wall Street Journal, Colleton County is a key player in securing tax incentives that will bring ''a flood of corporate investments and reshaping local economies.'' Restaurant business can be purchased without the real estate for only $299,000 with lease for real estate - all in rent estimated $2500/month, lease terms negotiable, possible lease to own.View all details here: https://t.ly/a5dag Virtual Tour available, please email broker for link bernie@bastianandassociates.com
Building Info
Anchored: No
Year Built: 1950
Financial
Garage / Parking
Parking Type: Other, Surface
Lot Info
County: Colleton
Land Size: 0.04
Misc
Title: Carmine's Trattoria
Offer Compensation
Property Info
Second Property Subtype: Hospitality
Zoning: Colleton - RD2 - Rural Develo
Nearest Msa: Augusta-Richmond County, GA-SC
Sale Terms: Cash, Contract, Lease Option, Owner May Carry
Property Type: A
Original Price: $399,000
Property Use Type: Hospitality
Class Type: Hospitality
Sold Info
Sqft Info
Rentable Area: 1796
Unit Info
Utilities / Hvac
Water Source: Public
Sewer: Public Sewer
Courtesy of listing office Tidal Creek LLC