Turnkey Restaurant for Sale — Upper King, Downtown Charleston

📝About This Listing

Restaurant For Sale Downtown Charleston, SC, 29403 CONFIDENTIAL RESTAURANT LISTING – DOWNTOWN CHARLESTON, SC LOCATION: Upper King District – Downtown Charleston, SC DESCRIPTION: An exclusive opportunity to acquire a fully built-out, turnkey restaurant in one of Charleston’s most energetic and desirable districts. Located just off King Street, right in the heart of the college district, this hidden gem sits in the thriving Upper King corridor, surrounded by nightlife, hospitality, and ongoing development. The space includes both indoor and outdoor seating with a covered patio and outdoor bar setup, offering great versatility and strong street presence. The kitchen is fully equipped, featuring an 8-foot hood system, and is ready to support a wide range of culinary visions. A full liquor license is already in place, offering immediate operational flexibility. Ideal for seasoned operators or up-and-coming restaurateurs looking to plant roots in the Charleston market. Set within a residential district, local ordinances require closing by 11 PM, making this an excellent fit for dinner-focused concepts, cafés, or elevated casual dining. LEASE & FINANCIALS: • Asking Price: $399,000 (includes lease rights, equipment, and fixtures) • Rent: Base rent is $7,999/month, with a small added rent component that only kicks in if sales go above a certain high mark, which historically hasn’t been reached • No annual increases in base rent AREA HIGHLIGHTS: • Located in Charleston’s active college district, near CofC and MUSC • Surrounded by boutique hotels, upscale apartments, and thriving nightlife • Continued area development with new residential, office, and retail projects • High pedestrian traffic and strong local and tourist draw year-round • Rare second-generation restaurant availability in this district

📊Financials