Myrtle Beach Real Estate Commercial for sale

$1,890,900 | N/A beds | N/A full baths | N/A half baths | 10,200 sqft

$1,890,900 No Recent Price Change
5301 S Kings Hwy.
Myrtle Beach, SC 29575
  • C8Zoning
  • 10,200SqFt
  • 1Units
  • N/ASale/Rent
  • N/AWet Lands
  • 1.18Acres
  • MLS# 2223384
  • Commercial
  • Retail
  • Active

  • Approx Time on Market1 year, 6 months, 5 days
  • AreaMyrtle Beach Area--Includes Prestwick & Lakewood
  • CountyHorry
  • SubdivisionN/A

Overview

The land is 1.18 acres and the building is over 8,000 square feet. It's a BARGAIN at this price. That's right, that sale includes the land and the building. BECAUSE OF IT'S SIZE AND LOCATION, the property is not only ideal for its existing use, but also can be easily converted to accommodate other businesses, such as an esoteric hotel, bed and breakfast, or perhaps retail shops on the ground floor with apartments on the top floor. THE EXISTING USE OF THE PROPERTY is that of a massive restaurant with over 8,000 square feet of dining space, with an apartment and a private office on the second floor. THIS BUILDING HAS UNDERGONE VARIOUS STAGES OF UPDATES since this owner has owned the building, including the addition of a sprinkler system. The potential is tremendous for an astute business person. The location is an excellent draw for consumers in Myrtle Beach and Surfside Beach. And, because of where this is located, taxes are low. Enjoy the business advantages this property has to offer. THIS IS A GREAT BARGAIN !!!


Agriculture / Farm

Grazing Permits Blm:  ,No,

Horse:  No

Grazing Permits Forest Service:  ,No,

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:  2

Levels:  Two

Year Built:  1983

Mobile Home Remains:  ,No,

Zoning:  C8

Buyer Compensation

Exterior Features

Spa:  No

Financial

Lease Renewal Option:  ,No,

Business Name:  Lobster House

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:  1.18

Land Lease:  No

Misc

Pool Private:  No

Offer Compensation

Property Info

County:  Horry

Current Use:  Restaurant

View:  No

Number of Units Total:  1

Senior Community:  No

Stipulation of Sale:  None

Habitable Residence:  ,No,

Property Sub Type Additional:  Retail

Property Attached:  No

Rent Control:  No

Room Info

Basement:  ,No,

Sold Info

Sqft Info

Sqft:  10200

Tax Info

Unit Info

Utilities / Hvac

Electric On Property:  No

Cooling:  No

Heating:  No

Waterfront / Water

Waterfront:  No

Directions

Head south on Kings Hwy toward Surfside Beach. The property is on the left side, east of Hwy 17 business.

Courtesy of The Mb Real Estate Store Llc 

Mortgage Calculator

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On showmemyrtlebeach.com since Sun, Oct 23rd 2022
No Property History recorded for this listing.

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