8101 Old Number Six HwySantee, SC 29142

Property Details for 8101 Old Number Six Hwy

Year built

1986

Construction

CONCRETE

Lot size

0.85 AC

Property size (Sq ft)

4,080 SF

Property type

Turn key restaurants

APN

0302-00-03-005

APU

3020003005

Description

This exceptional business opportunity presents the chance to acquire a well-established bar and restaurant located at 8101 Old Number Six Highway in Santee, South Carolina, 29142. The property, priced at $625,000, encompasses a substantial 5,677 square feet and sits on two parcels totaling 1.79 acres. The existing business, known for its rich history in the community, boasts a spacious layout capable of accommodating up to 100 guests. Key features include a fully equipped kitchen, a dedicated billiards room, and a large bar area, all contributing to a vibrant atmosphere. Beyond the main building, the property also includes a charming 2-bedroom residence, perfect for owner occupancy or staff housing, and a dedicated outdoor concert venue area, expanding entertainment possibilities. Its strategic location between Santee and Elloree, within an hour's drive of both Columbia and Charleston, ensures a consistent flow of both local and tourist clientele. This turnkey operation in the Lake Marion area offers a unique blend of established success and significant growth potential. The property's size and diverse amenities provide a solid foundation for continued success and expansion within the thriving hospitality sector. This is a rare opportunity to own a landmark Santee establishment with a proven track record.

• CAP approach

  CAP return

  Valuation

  6%

  $980,670

  6.5%

  $905,234

  7%

  $840,574

• Comparable approach

  Method

  Valuation

  Relative Method

  $379,340

  Geo Method

  $718,544

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,780,120

  Mixed-Use / Specialty

  $896,016

  Hospitality / Lodging

  $649,578

  Office

  $884,453

  Institutional / Educational

  $929,354

  Residential Income

  $1,087,340

  Multifamily

  $1,337,310

  Automotive / Energy

  $796,589

  Parking / Income-Based Land

  $280,812

  Restaurant / Food Service

  $453,239

  Healthcare / Senior Housing

  $924,991

Location Insight

City

Santee

County

Orangeburg

State

South Carolina

Latitude

33.4941

Longitude

-80.5114

CBSA code

36700

CBSA name

ORANGEBURG, SC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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