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1705 Park View Rd 1,750 SF Retail Building Conway, SC 29526 $475,000 ($271.43/SF) 7.39% Cap Rate



Executive Summary
Rare chance to own both the real estate and a largely turnkey restaurant space in Conway, set on a 0.59-acre lot less than a block from Collins Park, just off North Main Street and only minutes from historic downtown. The sale includes the land, building, and select furniture, fixtures, and equipment (FF&E). With the building and parking occupying only a portion of the lot, there is genuine room to expand or add additional use on the remaining land. This deal can work one of two ways. An owner-operator can step in with minimal build-out and open the doors. Or an investor can keep it as an income-producing asset — the current restaurant operates month-to-month and would sign a lease with a new owner, offering the potential for rent in place from day one. The property sits less than a block from Collins Park— an 8.5-acre city park with tennis, pickleball, playground, and walking trails that draws steady neighborhood foot traffic — and on a recently rebuilt street with new sidewalks and added head-in parking. The layout and extra land also leave room to reposition into another restaurant concept, retail, or mixed commercial use down the road. Whether you're an operator ready to take the reins or an investor looking for a tenant ready to commit, this is a hard-to-replicate location with the foundation built in — and room to grow.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$42,000
|
$30.75
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$42,000
|
$30.75
|
| Taxes |
$1,823
|
$1.33
|
| Operating Expenses |
$5,075
|
$3.72
|
| Total Expenses |
$6,898
|
$5.05
|
| Net Operating Income |
$35,102
|
$25.70
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $42,000 |
| Annual Per SF | $30.75 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $42,000 |
| Annual Per SF | $30.75 |
| Taxes | |
|---|---|
| Annual | $1,823 |
| Annual Per SF | $1.33 |
| Operating Expenses | |
|---|---|
| Annual | $5,075 |
| Annual Per SF | $3.72 |
| Total Expenses | |
|---|---|
| Annual | $6,898 |
| Annual Per SF | $5.05 |
| Net Operating Income | |
|---|---|
| Annual | $35,102 |
| Annual Per SF | $25.70 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,750 SF
Building Class
C
Year Built
1986
Price
$475,000
Price Per SF
$271.43
Cap Rate
7.39%
NOI
$35,102
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.59 AC
Opportunity Zone
Yes
Zoning
NC - Neighborhood Commercial
Parking
15 Spaces (8.57 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
Fairly walkable
50/100
Moderately drivable
70/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 33806030017 | Total Assessment | $230,526 |
| Land Assessment | $172,092 | Annual Taxes | $1,823 ($1.04/SF) |
| Improvements Assessment | $58,434 | Tax Year | 2025 |
Property Taxes
Parcel Number
33806030017
Land Assessment
$172,092
Improvements Assessment
$58,434
Total Assessment
$230,526
Annual Taxes
$1,823 ($1.04/SF)
Tax Year
2025
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Contact the Sale Advisor
1705 Park View Rd
