North Myrtle Beach Real Estate Commercial for sale

$8,000,000 | N/A beds | N/A full baths | N/A half baths | 18,360 sqft

$7,000,000
1427 S Ocean Blvd. UNIT Ocean Edge on Oceanfront
North Myrtle Beach, SC 29582
  • R-4Zoning
  • 18,360SqFt
  • 53Units
  • N/ASale/Rent
  • N/AWet Lands
  • 0.90Acres
  • MLS# 1920086
  • Commercial
  • HotelMotel
  • Sold

  • Approx Time on Market2 years, 3 months, 29 days
  • AreaNorth Myrtle Beach Area--Crescent Beach
  • CountyHorry
  • SubdivisionN/A

Overview

GREAT LOCATION FOR OCEANFRONT DEVELOPMENT APPROXIMATELY 155' ON THE OCEAN, 2 LOTS WITH 0.60 ACRE ON OCEANFRONT AND 2 LOTS WITH 0.30 ACRE ON 2ND ROW. Incredible opportunity on this direct oceanfront motel in North Myrtle Beach. Ocean Edge Motel is a four story 43 unit motel with 10 additional units on the back of the property 2nd row parcel. It has an outdoor Pool facing the ocean. Commercial laundry facilities. Check-In Office and Administrative Office fronting on the Boulevard. It's also the owner quarter. Onsite Parking. North Myrtle Beach is a friendly family beach and the home to the Shaggers. All measurements and square footage and information are approximate and not guaranteed. Buyer is responsible for verification.


Sale Info

Listing Date: 07-30-2019

Sold Date: 11-29-2021

Aprox Days on Market: 
   2 Year(s), 3 month(s), 29 day(s)

Listing Sold: 
   2 Year(s), 4 month(s), 0 day(s) ago

Asking Price: $8,000,000

Selling Price: $7,000,000

Price Difference: 
Reduced By $1,000,000

Agriculture / Farm

Grazing Permits Blm:  ,No,

Horse:  No

Grazing Permits Forest Service:  ,No,

Other Structures:  LivingQuarters

Grazing Permits Private:  ,No,

Irrigation Water Rights:  ,No,

Farm Credit Service Incl:  ,No,

Crops Included:  ,No,

Association Fees / Info

Hoa:  No

Bathroom Info

Building Info

New Construction:  No

Num Stories:  4

Year Built:  1983

Mobile Home Remains:  ,No,

Zoning:  R-4

Building Features:  KitchenFacilities, Office, PrivateRestrooms, PoleSign, PublicRestrooms, ReceptionArea

Construction Materials:  BrickVeneer, WoodFrame

Buyer Compensation

Exterior Features

Spa:  No

Financial

Lease Renewal Option:  ,No,

Business Name:  Ocean Edge motel

Garage / Parking

Garage:  No

Carport:  No

Open Parking:  No

Attached Garage:  No

Interior Features

Fireplace:  No

Lot Info

Lease Considered:  ,No,

Lease Assignable:  ,No,

Acres:  0.90

Land Lease:  No

Misc

Pool Private:  No

Offer Compensation

Property Info

County:  Horry

Current Use:  HotelMotel

View:  No

Number of Units Total:  53

Senior Community:  No

Stipulation of Sale:  None

Habitable Residence:  ,No,

Property Attached:  No

Security Features:  SecuritySystem, FireAlarm

Rent Control:  No

Number of Buildings:  3

Room Info

Basement:  ,No,

Sold Info

Sold Date:  2021-11-29T00:00:00

Sqft Info

Sqft:  18360

Tax Info

Unit Info

Unit:  Ocean Edge on Oceanf

Utilities / Hvac

Heating:  Baseboard, Central

Cooling:  CentralAir, WallWindowUnits

Electric On Property:  No

Cooling:  Yes

Sewer:  PublicSewer

Heating:  Yes

Waterfront / Water

Waterfront:  No

Courtesy of Cb Sea Coast Advantage Cf  - Main Line: 843-903-4400

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On showmemyrtlebeach.com since Tue, Jul 30th 2019
No Property History recorded for this listing.

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MLS IDX data last updated on 03-29-2024 8:15 AM EST.

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