Historic Downtown Anderson Investment Property for Sale

Anderson, SC (Anderson County)

Historic Downtown Anderson Investment Property for Sale
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Asking Price: $850,000

Cash Flow: $66,000

Gross Revenue: N/A

EBITDA: $66,000

FF&E: N/A

Inventory: N/A

Real Estate: $850,000

Established: N/A

Historic Downtown Anderson Investment Property for Sale

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Business Description

While Downtown Anderson has always had its own identity, it's on the same path as other small-town destinations in the Upstate - a renaissance of industry from Greenville and the constant expansion of Clemson is driving a surge of demand for historic real estate options. Folks in search of the conveniences of today, but with a devotion and appreciation for the architecture and sentiments of yesteryear, are finding dining gems at destinations like Downtown Anderson.

All units are currently leased for just over $5500/month. Good cap rate.

* Three income-producing condominium units (restaurant & office/residential)
* Property is designated on the National Register of Historic Places and in the heart of the downtown Anderson dining district
* Street-level 4,076SF bar/grill in operation
* Two luxurious upstairs residential or office units
* Shared loft & patio with long-range views of Anderson
* Elevator service to all 4 levels & spacious basement

Note: owner-occupancy of the bar & grill is an option

Detailed Information

Location:
Anderson, SC
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Facilities:
Mixed-use of condo units in downtown Anderson. Income-producing property or potential for owner-occupancy
Competition:
Right in the heart of the downtown Anderson dining
Business Website:
http://www.greenvillerestaurantstore.com
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Contact the Seller

(from currently available funds)
 
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Sherman Walters

Business Listed By:
Sherman Walters

National Restaurant Properties

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