1053 By Pass 123 Bypass, Seneca, SC, 29678 | $1,500,000

What a unique opportunity to purchase a turn-key, national franchise with the associated real estate. Moe's Southwest Grill provides a new owner an opportunity to purchase a cash flowing asset at a price substantially below replacement costs. This Moe’s was built in 2020 and it is located on the busiest highway in Seneca, SC. Other fast casual restaurants are limited in the direct market and this location is #1 for catering in the Upstate. The regional market is Greenville-Spartanburg-Anderson & this site is positioned on a bustling highway with approximately 35, 000 daily vehicles. Investing in a Moe's Southwest Grill franchise in Seneca, South Carolina, presents an opportunity to enter the growing fast-casual Mexican-inspired dining sector in a strategically located town. Moe's, part of GoTo Foods, is known for its customizable burritos, tacos, and bowls with fresh ingredients, appealing to a broad cus-tomer base including families, students, and tourists. With no existing Moe's location in Seneca (the nearest is in Clemson), this could fill a market gap in a region boosted by Clemson University's eco-nomic influence. The franchise model emphasizes multi-unit development, with incentives for com-mitting to three or more locations. There are currently 600+ Moes locations nationwide.

Features

  • Property Type: Retail
  • Development: 207-Oconee County,SC
  • Year Built: 2020
  • Acreage: 0.78
  • Lot Desc: City Lot
  • MLS#: 20293608
  • Days on Market: 97 days
  • Website: https://www.raveis.com
    /prop/20293608/1053bypass123bypass_seneca_sc?source=qrflyer
The data relating to real estate for sale on this Web site comes in part from the Broker Reciprocity Program of the Western Upstate Association of REALTORS®, Inc. and the Western Upstate Multiple Listing Service, Inc This information is deemed reliable, but not guaranteed. Neither, the Western Upstate Association of REALTORS®, Inc. or Western Upstate Multiple Listing Service of South Carolina, Inc., nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is responsible for verifying all information. This information is provided by the Western Upstate Association of REALTORS®, Inc. and Western Upstate Multiple Listing Service of South Carolina, Inc. for use by its members and is not intended for the use for any other purpose.
Listing courtesy of Upstate Commercial Group   Phone: (864) 376-3384

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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1053 By Pass 123 Bypass, Seneca, SC, 29678

$1,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,200,000 $1,200,000 $1,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 5.875% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.241% 6.007% 5.952%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,813 $7,098 $9,965
Total Monthly Payment $6,938 $7,223 $10,090

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.