Listed by Shulikov Realty & Associates
$3,500,000
121 Coffee and Event Center
Details
APN 6-17-12-004.01,6-17-12-029.00
Property Type Retail, Hospitality
Sub Type Restaurant, Sports/Entertainment
Net Rentable (SqFt) 4,000
Units 20
NOI $989,000
Occupancy 100%
Tenancy Multi
Brand/Tenant 121 Coffee
Lease Type Modified
Rent Bumps Yes
Class A
Year Built 1965
Year Renovated 2022, 2023
Buildings 4
Stories 1
Acreage 8.150
Zoning Commercial
Parking Spaces 20 spaces
Investment Type Stabilized
Tenant Credit No Credit Rating
Ground Lease No
Sale Condition For sale by owner
8.15 acres and facilities located at 105 and 137 Bellew Carver Rd, Spartanburg, SC 29301
Marketing description
Two contiguous parcels offered together as a single property located at 105 and 137 Bellew Carver Rd, Spartanburg, SC 29301, owned by Vista Lakes LLC. The property encompasses 8 total acres and features a diverse mix of income-producing and amenity-rich uses including an operational coffee shop generating $980K in revenue in 2025, an Air BNB house, and an outdoor wedding venue. Additional site features include two ponds, a walking path, and two parking lots. The sale will include the operational business, acreage, rental Air BNB unit, walking paths, and all facilities on the property.
Investment highlights
- Operational coffee shop with $980K in revenue in 2025
- Two ponds on property
- Walking path
- Air BNB house
- Two parking lots
- Outdoor wedding venue
- 8 acres of land across two contiguous parcels
Listing Contacts
Listed by Shulikov Realty & Associates
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$989,000.00
$82,416.67/mo
Valuation Metrics
0
DSCR
28.26%
Cap Rate
28.26%
ROI
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