Asking Price: $195,000
Listing ID: GVL0025
Sq. Footage: 3,000
Cash Flow: $NA
Total Revenue: $NA
Diner 24 is back on the market! New price w/ owner-financing available. Nearly 20 years of very under-market lease available on this brand-new build out.
Now being offered for sale at $195,000 w/ $75,000 down … owner-financing available for a qualified operator.
This is an opportunity to take advantage of an immaculate build-out at a fraction of the price. The process of this historic building’s conversion to a classic diner has been well-documented in local media outlets. The owner’s spared no expense (over $1MM) in putting exquisite touches on everything – from the brand new kitchen to the 1950’s-style décor. The venture was short-lived due to numerous internal challenges – challenges that a local operator would not be faced with.
Let’s face it – their operational struggles don’t change the fact that Downtown Greenville needs more moderately priced menu options & the rent structure here allows you to do just that.
Their Loss is Your Gain!
- In the heart of downtown Greenville, the 4th fastest-growing metro area in the entire U.S.
- You will inherit a lease that is significantly lower than current rate of other downtown tenants – $5,000/month currently – with over 15 years of options. Savings approx $50,000/year.
- 3,000+/-SF on two levels – upstairs offers a great corporate meeting venue.
Contact our NRP Upstate team to schedule an appointment to tour this space.