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Investment Highlights

  • Freestanding
  • High Ceilings with Mezzanine
  • Neighborhood Location - Wagener Terrace
  • Full Service Restaurant Infrastructure
  • Private, Well Landscaped, Outdoor Courtyard

Executive Summary

An exceptional opportunity to acquire a premier restaurant property in Charleston’s highly desirable Wagener Terrace neighborhood. This freestanding, two-story building was newly constructed in 2019 and designed to deliver a true farm-to-table dining experience with a whole-animal butcher shop and retail/takeout component. The property features a beautifully built interior with a full glass wall behind the bar, creating an open and inviting atmosphere that overlooks a private outdoor patio complete with a Cowboy Cauldron for al fresco dining.
The layout includes a full-service bar, multiple dining areas, and a former butcher retail shop, complemented by a convenient to-go window for takeout service. The kitchen is fully equipped with high-end commercial appliances, including two walk-in coolers, a Southern Pride smoker, Garland and Bakers Pride cooking equipment, and an 18–20 ft hood system. Additional features include an in-ground 2,000-gallon grease trap, 20 ft hood, and extensive built-in seating throughout.
Situated on 0.11 acres, the property offers excellent visibility and accessibility in a thriving neighborhood known for its vibrant dining scene and strong residential base. With Charleston’s continued population and income growth, this asset presents a rare chance to own a turnkey restaurant property in one of the Southeast’s most dynamic culinary markets.
Asking Price: $3,200,000 for real estate, plus $400,000 for all contents and equipment.

Financial Summary (Pro Forma - 2026)

Annual Annual Per SF
Gross Rental Income $184,000 $50.03
Other Income - -
Vacancy Loss - -
Effective Gross Income $184,000 $50.03
Taxes $14,700 $4.00
Operating Expenses - -
Total Expenses $14,700 $4.00
Net Operating Income - -

Financial Summary (Pro Forma - 2026)

Gross Rental Income
Annual $184,000
Annual Per SF $50.03
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $184,000
Annual Per SF $50.03
Taxes
Annual $14,700
Annual Per SF $4.00
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $14,700
Annual Per SF $4.00
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,678 SF
Building Class
B
Year Built
2020
Price
$3,200,000
Price Per SF
$870.04
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.77
Lot Size
0.11 AC
Frontage
41’ on Grove Street

Amenities

  • Mezzanine
  • Restaurant
  • Signalized Intersection
  • Skylights
  • Storage Space
  • Air Conditioning
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Food Lion
Starbucks
CrossFit
HomeTrust Bank
United Community Bank
First Bank NC
Fifth Third Bank
Jinya Ramen Bar
Barry's
PNC Bank

Property Taxes

Property Taxes

Parcel Number
463-15-01-046
Land Assessment
$0 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$45,720 (2024)
Annual Taxes
$14,700 ($4.00/SF)
Tax Year
2026
  • Listing ID: 38948355

  • Date on Market: 1/2/2026

  • Last Updated:

  • Address: 106 Grove St, Charleston, SC 29403

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