For Sale
$799,000

1101-C Ocean BlvdIsle of Palms, SC 29451

Turnkey beachfront restaurant, excellent financials.

Overview

Added:
Dec 11, 2024
Days on market:
115
This thriving, full-service restaurant is located at 1101-C Ocean Blvd, Isle of Palms, SC 29451, offering a prime beachfront location. The 2,480 square foot space includes a 1,280 square foot interior and a 1,200 square foot patio, providing seating for 68 guests. The restaurant enjoys high popularity among both locals and tourists. This is a business sale including all fixtures, furniture, and equipment (FF&E). The current lease is a NNN lease with below-market rent, expiring April 30, 2029, and includes one five-year option. Detailed financial information is available upon request with a signed Non-Disclosure Agreement (NDA). Owner financing is available with a 50% down payment. The asking price is $799,000, representing a price per square foot of $322.18. This presents a unique opportunity to acquire a well-established and profitable beachfront restaurant in a highly desirable location.

Highlights

  • Prime beachfront location at 1101-C Ocean Blvd, Isle of Palms, SC.
  • 2,480 SF restaurant with 68-seat capacity (1,280 SF interior, 1,200 SF patio).
  • Established, profitable business sale including all FF&E.
  • NNN lease with below-market rent, expiring 4/30/2029, with one 5-year option.
  • Asking price: $799,000 ($322.18/SF); Owner financing available (50% down).

Property Details for 1101-C Ocean Blvd

Property type
Retail properties, Restaurants
Square Feet
2,480 SF

Location Insight

City
Isle of Palms
County
Charleston
State
South Carolina
Latitude
32.785711064294
Longitude
-79.788526887895
1101-C Ocean Blvd, Isle of Palms, South Carolina

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1101-C Ocean Blvd
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