This exceptional restaurant opportunity is located at 18 Pinckney Street, Charleston, SC 29401, a vibrant area in the heart of the city. The property, a two-story building, boasts approximately 2,500 square feet of interior space, complemented by an outdoor dining porch and a shaded brick patio, ideal for expanding seating capacity during peak seasons. Its prime location, just one block from the historic City Market and directly across from numerous carriage tour operators, ensures high visibility and foot traffic. This translates to a captive audience of hundreds of thousands of tourists annually, providing significant potential for revenue generation. The property has a rich history, having served as the home of the well-regarded Cru Cafe for over two decades. The zoning is Limited Business. The property is offered as a single-tenant space with a base rent of $12,000 per month on an Absolute Net lease. Fixtures, furniture, and equipment (FF&E) are available for separate purchase. This presents a unique chance to acquire a well-established restaurant space in a highly desirable location within Charleston's bustling downtown core. The cross street is Motley Lane.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$267,305
Hospitality
$244,850
Educational
$203,712
Medical
$210,718
Retail
$316,886
Location Insight
City
Charleston
County
Charleston
State
South Carolina
Latitude
32.7825
Longitude
-79.9287
CBSA code
16700
CBSA name
CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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