9 Park Ln - Restaurant FOR SALE


Hilton Head Island, SC 29928
$1,850,000 USD
843-338-1799
9 Park Ln, Hilton Head Island, SC for Sale
$1,850,000 USD
Restaurant - FOR SALE
1/28
null | Request Cap Rate

9 Park Ln
Hilton Head Island, SC 29928


HIGHLIGHTS

  • Freestanding Restaurant Building For Sale
  • 4,000 SF on 1.49 Acres +/-
  • Extraordinary Visibility
  • Includes all FF&E
  • High Traffic and Direct Bike path Frontage
  • Room for Expansion

OVERVIEW

Highly desirable commercial property fronting Wm Hilton Parkway (Highway 278), HHI’s main thoroughfare. This 4,000 sf freestanding restaurant building on 1.49 acres, offers a rare opportunity to own a high-traffic, fully equipped restaurant property on the island’s bustling South End. The capacity for 153 indoor patrons plus 43 outdoor seats, is ideal for maximizing year-round revenue. Exceptional exposure to high traffic counts and direct bike path frontage. 20+ year restaurant with over $1M/year in sales confirms this is a proven income-generating location. Sale includes all FF&E. Functional service yard, two large parking fields, two dedicated monument signs for maximum brand visibility and enough land to expand or add another building. Roof replaced a few years ago and HVAC still has significant useful life. Centrally located with frontage on both Park Lane and Hwy 278, close to the busy Sea Pines circle and in close proximity to the Cross Island Connector and USCB campus. Demographics confirm approx. 31,000 residents within a 5-mile radius with avg incomes exceeding $156,560/yr. This location is ideal for capturing business from locals, while also tapping into the steady flow of over 3.1 million annual visitors who play, stay, and shop on the south end of the island. Surrounded by office, retail, hotel and residential developments. Whether you’re an operator looking to step into a turnkey opportunity, or an investor seeking a high-visibility asset in a thriving resort market, this property delivers on both potential and performance.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$463 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.49 AC

LAND SF

64,904 SF

ZONING

6615

APN/PARCEL ID

R550-015-00C-0233-0000

ASK ABOUT THIS PROPERTY

Vonnie MajewskiVM | Real EstateMore Info
843-338-1799

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Vonnie MajewskiVM | Real EstateMore Info
843-338-1799

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