267 Rutledge AveCharleston, SC 29403

Property Details for 267 Rutledge Ave

Year built

1890

Lot size

0.15 AC

Property size (Sq ft)

4,291 SF

Property type

Commercial real estate

APN

460-07-04-001

APU

4600704001

Description

This exceptional Charleston restaurant, located at 267-C Rutledge Avenue, presents a unique investment opportunity. The 1,965 square foot space boasts a full build-out and restoration completed in 2019, featuring high ceilings and inviting French doors opening directly onto Rutledge Avenue. This single-tenant property, previously operating as Chasing Sage, is fully equipped as a full-service restaurant and bar, comfortably seating 50-70 patrons. The current lease has approximately 10.5 years remaining at a monthly rent of approximately $7,200. The asking price of $299,000 includes fixtures, furniture, and equipment (FF&E) and lease assumption. The property is zoned commercial and situated in Charleston County, South Carolina, zip code 29403. This turnkey operation is ideally positioned to capitalize on Charleston's thriving culinary scene. The property's prime location and established infrastructure offer immediate potential for a new owner. This is a rare opportunity to acquire a well-established restaurant with significant remaining lease term in a highly desirable location. Serious inquiries only.

• Alternative Use

  Use

  Valuation

  Residential

  $443,887

  Hospitality

  $406,598

  Educational

  $338,285

  Medical

  $349,919

  Retail

  $526,221

Location Insight

City

Charleston

County

Charleston

State

South Carolina

Latitude

32.7925

Longitude

-79.9488

CBSA code

16700

CBSA name

CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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