925 10th St - Restaurant FOR SALE


Port Royal, SC 29935
$1,950,000 USD
912-233-6000
925 10th St, Port Royal, SC for Sale
$1,950,000 USD
Restaurant - FOR SALE
1/61
null | Request Cap Rate

925 10th St
Port Royal, SC 29935


HIGHLIGHTS

  • Desirable Location
  • Popular Commercial Restaurant
  • 3 bedroom 3 bath Apartment above

OVERVIEW

Historic Lowcountry Restaurant Opportunity - A Rare Gem in Downtown Port Royal, SC This award-winning restaurant in the heart of South Carolina's Lowcountry offers a prime opportunity for restaurant entrepreneurs. Nestled in historic downtown Port Royal, just minutes from Beaufort's iconic Bay Street and Sands Beach, this beloved establishment has a proven track record of success, generating over $1 million in annual sales in 2018, 2019, 2021, 2022, and 2023. The 4,069 sq. ft. space features a full-service bar and dining area with seating for 120 guests and is being sold as a turnkey operation, complete with staff, the business, and real estate. The restaurant is a community favorite, known for its inviting atmosphere and menu featuring sandwiches, seafood, steaks, soups, salads, and seasonal specials that attract both locals and vacationers. Above the restaurant is a beautifully remodeled and fully furnished upstairs living area that can serve as an owner's residence or a lucrative income-producing space. This upstairs level includes three master bedrooms, each with a private bath, small refrigerator, Keurig coffee maker, dresser, and bed, as well as a shared kitchen, washer and dryer, and a large sunning porch. Each bedroom has its own digital lock and private entrance via a shared hallway, making it ideal for short-term or vacation rentals. This space has the potential to generate an additional $200,000 in annual revenue if leased. The property itself spans five historic lots and offers both front and rear parking surrounded by majestic live oaks. Recent improvements include a new privacy fence, fresh interior and exterior paint, updated and landscaped parking areas, and sanded, stained, and sealed floors in the dining and bar areas, all designed to enhance the "Old Charleston" charm of the space. Situated just four blocks from planned waterfront developments, including residential and commercial spaces tied to the recent marina acquisition by Safe Harbor, this property is positioned to benefit from the area's growth over the next five years. This is a rare opportunity to own a thriving restaurant with rich community ties and significant additional income potential, all set in a rapidly growing area of the Lowcountry. Don't miss your chance to make this extraordinary property your own.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$548 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,482 SF

ZONING

Mix Use

APN/PARCEL ID

R110-011-000-0329-0000

ASK ABOUT THIS PROPERTY

William ThurmanBerkshire Hathaway HomeServices Bay Street RealtyMore Info
912-233-6000

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William ThurmanBerkshire Hathaway HomeServices Bay Street RealtyMore Info
912-233-6000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.