530 Devine,Columbia, SC

530 DevineColumbia, SC

4024 sq ft restaurant located on a .24 acre lot at the corner of Pulaski and Devine St. This is an unbelievable location. Only one block off the corner of Huger St and Blossom St. One block from the USC Greek Village. next to the The Apartments at The Palmetto Compress. the current business is booming, but the current owners are ready to retire. This building can be remove and a new structure built or you can take the current building and run with the a new restaurant. There is also an additional 1500 sq ft building in the back that can be remodeled for additional storage or removed for additional parking. The owners are open to selling the current equipment at an additional price.

Info

Acres0.24
City NameColumbia
CountyRichland
StateSC
Property TypeRetail
Postal Code29201
Square Feet4024 SF
Landsize Units0.2400Acre
Status Active
Parcel Number R08914-01-04
Title Palmetto Pig/ Corner Downtown Lot
Year Build 1976
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Listed by: Coldwell Banker Realty

Our ProcessStep By Step

SiteIdentification

Our investment team does ongoing market research and site analysis to determine the best locations geared towards our investment strategy.

SiteInspections

We perform site inspections and consult with general contractors and architects to identify property improvement opportunities and cost estimates.

PropertyAnalysis

We do extensive property analysis including underwriting property historical cash flow, three tiered income modeling, future cash flow projections and IRR and cash on cash return profitability models.

TheUnderwriting

Our team underwrites the current tenants and reviews all current lease agreements to determine an appropriate credit grade of the property and identify opportunities for improvement.