1725 Limestone StGaffney, SC 29340

  • Other commercial real estate
  • 1.69 AC
For Sale
$449,000 View listing

Property Details for 1725 Limestone St

Lot size
1.69 AC
Property type
Other commercial real estate
APN
098-00-00-059.000
APU
980000059000

Description

This exceptional owner-user opportunity presents a thriving restaurant located at 1725 N Limestone Street, Gaffney, South Carolina, 29340. The property, situated on a generous 1.69-acre lot (APN: 098-00-00-059.000), boasts a 2,522 square foot building constructed in 1980 and extensively renovated in 2022. Currently operating as a successful taqueria and bakery, this turnkey establishment is equipped for immediate operation. The property features two hood systems (16ft and 4ft) and a substantial 500-gallon grease trap, ensuring efficient and compliant food service. Ample parking is available for patrons and staff. The single-story building offers a functional layout optimized for restaurant operations. This is an ideal investment for an owner-operator seeking a well-established business with significant potential for growth in a desirable location. Showings are by appointment only. The asking price for this exceptional property is $449,000. This represents a rare opportunity to acquire a profitable, established restaurant with significant acreage in Cherokee County, South Carolina.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $16,932,094
    Hospitality
    $15,509,707
    Educational
    $12,903,894
    Medical
    $13,347,679
    Retail
    $20,072,724
1725 Limestone St, Gaffney, South Carolina

Location Insight

City
Gaffney
County
Cherokee
State
South Carolina
Latitude
35.0943
Longitude
-81.6331
CBSA code
23500
CBSA name
GAFFNEY, SC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,255
$2,820
$7,200
$10,020
-
$47,000
$120,000
$167,000

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