Restaurants in Rock Hill, South Carolina, offer a unique investment opportunity for those looking to capitalize on the city's growing economy and diverse population. With a range of cuisines and dining experiences available, restaurants in Rock Hill cater to a variety of tastes and preferences. As a hub for education, healthcare, and manufacturing, Rock Hill attracts a steady stream of visitors and residents, providing a stable customer base for restaurants. The city's scenic riverfront views, historic downtown area, and numerous parks and nature trails make it an attractive destination for tourists and locals alike. Additionally, Rock Hill's proximity to Charlotte, North Carolina, and its own airport, Rock Hill/York County Airport, make it easily accessible for travelers. The city's strong economy, diverse population, and attractive amenities make it an ideal location for restaurants to succeed.
With 3 restaurants for sale in Rock Hill, investors have a range of options to choose from. From fine dining establishments to casual eateries, there's something for every taste and budget. The average price per square foot for restaurants in Rock Hill is $1,069 USD, with an average size of 4,083 square feet. The largest restaurant available for sale is 7,500 square feet. In addition to restaurants, Rock Hill also offers a range of other commercial properties for sale, including apartment buildings, shopping centers, specialty properties, and hotels. Apartment buildings in Rock Hill offer a stable source of income, with many properties located near Winthrop University and other major employers. Shopping centers in Rock Hill provide a hub for retail activity, with many centers located along major roads and highways. Specialty properties, such as office buildings and medical facilities, are also available in Rock Hill, offering a range of uses and investment opportunities. Hotels in Rock Hill cater to the city's growing tourism industry, with many properties located near major attractions and event venues. Overall, Rock Hill offers a diverse range of commercial properties for sale, making it an attractive location for investors and business owners.
What is the average cost per square foot for a restaurant in Rock Hill?
The average cost per square foot for a restaurant in Rock Hill is $1,069 USD per square feet, with available listings totaling 3 and average sizes ranging from 4,083 square feet to 7,500 square feet.
What factors determine the value of a restaurant for sale in Rock Hill?
When evaluating the value of a restaurant for sale in Rock Hill, several key factors come into play, including:
- Location, with proximity to major transportation hubs like the Rock Hill/York County Airport and Charlotte-Douglas International Airport, as well as access to main roads and highways, being a significant consideration.
- The size and condition of the property, with average sizes ranging from 4,083 square feet to 7,500 square feet, and the overall condition of the building and equipment impacting value.
- Financial performance, including the restaurant's average cap rate of 5.95%, as well as its revenue and profit history, which can influence the sale price and attract potential buyers from among the 3 available listings.
