Longstanding Korean Restaurant Mama Kim’s Up For Sale on King Street

Korean restaurant Mama Kim’s has served as a staple for bibimbap since it sat on Calhoun Street in 2004. Now located at 349 King Street, the establishment is a beacon for college students in search of a good deal and locals with a craving for bulgogi and banchan. But that may change soon, as the address is currently listed for sale with an estimated rent of $10,745.75.

Owner Kim Onam Brown has famously told local press that she’s not ready to retire, despite being in the food and beverage business for almost 40 years, but the post from realtor Mike Santos states, “Owner Looking to Potentially Retire.”

Mama Kim’s is still currently operating, but the staff has reduced the hours since the pandemic. The address sits on a very busy portion of King Street full of retail shops, that over the years have turned from Charleston-owned businesses to more chains. Many locals say that the rent is too high for them to sustain any sort of profits.

Here’s the post for the sale:

Downtown Charleston Restaurant

349 King St, Charleston, SC 29401

Still Open and Operating

Investors Welcome

Owner Looking to Potentially Retire

Size: This restaurant is approximately 2,286 square feet. Space includes a fully-functional open kitchen with an approx. 20ft hood system. 1,000 gallon In-ground grease trap and walk-in cooler. Space has a lot of character! Concrete floors throughout, exposed brick walls, and exposed ductwork. Great dining space with a cozy back room for additional guests! The perfect space for your next venture!

Location: LOCATION, LOCATION, LOCATION! This space’s location cannot be beat! Restaurant is nestled on King Street in the absolute heart of historic downtown Charleston, SC. Space is steps away from College of Charleston. Restaurant is located on busy King Street, where streets are closed off every 2nd Sunday of the month for the popular 2nd Sunday festival! This space will go fast and is a MUST SEE! Don’t miss out on this opportunity!

Price: Negotiable

Est. Rent: $10,745.75

Contact: Mike Santos (843) 343-4909