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207 Cedar Springs Rd
Spartanburg, SC 29302

$2,000,000 USD

Freestanding For Sale • 3,500 SF

Property Details

Property Type Freestanding
Total Building Size 3,500 SF
Lot Size 1.24 AC
Building Class C
Year Built 1987
Cap Rate 11.50 %
Tenancy Single
Zoning 6RGC

0 Transit Score

45 Walk Score

                
                    Highlights
                
                                Spartanburg's Premier Upscale Liquor and Party Supply Non Franchise Businesses with Real Estate   
                            
                                2022 Gross Revenue $2,180,051 with NOI of $230,000 plus  10% Plus Cap Rate 
                            
                                Turn-Key Prominent Location with Well Established Solid Loyal Customer Base 
                            
                                Impressive Collection of High Margin Very Rare to Find Spirits and Cigar Collections  
                            
                                Spartanburg's Highest Rated Liquor Store   
                            
                                3500 Sq Ft Concrete Building with 1.24 Acres of Land with 40 Plus Paved Parking for Future Development

Financial Summary (Actual)

Net Operating Income: $230,000 USD (2022)

Cap Rate:	11.50 %
Total Expenses:	$1,979,981 USD

Amenities

Pylon Sign
Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
Spartanburg Amtrak Station (Crescent - Amtrak)	9 min	-	4.1 mi
Airport	Drive	Walk	Distance
Greenville Spartanburg International	39 min	-	23.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	40
Type:	Surface
Included in Rent:	Yes

Raja Paleja 813-464-5777 Maharaja Realty llc

207 Cedar Springs Rd Spartanburg, SC 29302