Address
5301 S Kings Hwy., Myrtle Beach, SC
Price
$ 1,890,900
Property Attributes
- MLS#2223384
- TypeCommercial
- CountyHORRY
- CityMyrtle Beach
- Area16J Myrtle Beach Area--includes Prestwick & Lakewo
- Zip29575
- StyleRetail
- Price$ 1,890,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage10200
- Lot Size1.18 Acres
Data Source:
Coastal Carolinas MLS (CCARMLS)
Property Description
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 !!!
| Price History | |
|---|---|
| 10/24/2022 | Listed $2,103,875 |
| 12/3/2022 | 6% - $1,990,900 |
| 2/17/2023 | 6% - $1,890,900 |
General Features
| Accessibility | None |
|---|---|
| Additional Parcels Description | None |
| Additional Parcels Y/N | None |
| Appliances | None |
| Architectural Style | None |
| Assoc Fee Paid Per | None |
| Assoc Fees | None |
| Association Amenities | None |
| Association Fee Includes | None |
| Association Name | None |
| Association Y/N | None |
| Associationname2 | None |
| Attached Garage | None |
| Availability Date | None |
| Basement | None |
| Body Type | None |
| Body of Water | None |
| Builder Name | None |
| Building Area Units | None |
| Building Features | None |
| Building Name | None |
| Business Name | Lobster House |
| Business Type | None |
| Buyer Financing | None |
| Cap Rate | None |
| Carport Spaces | None |
| Carport Y/N | None |
| City | Myrtle Beach |
| Close Price | None |
| Community Features | None |
| Concessions | None |
| Construction Materials | None |
| Contingency | None |
| Cooling | None |
| County | Horry |
| Current Financing | None |
| Current Use | Restaurant |
| Development Status | None |
| Directions | Head south on Kings Hwy toward Surfside Beach. The property is on the left side, east of Hwy 17 business. |
| Disclosures | None |
| Electric | None |
| Electric Expense | None |
| Elementary School | None |
| Elementary School District | None |
| Elevation | None |
| Energy Efficient | None |
| Entry Location | None |
| Exclusions | None |
| Expected Active Date | None |
| Exterior Features | None |
| Facing Direction | None |
| Fuel Expense | None |
| Garage Spaces | None |
| Garage Y/N | None |
| Green Energy Generation | None |
| Green Indoor Air Quality | None |
| Green Location | None |
| Green Sustainability | None |
| Green Water Conservation | None |
| Gross Income | None |
| Heating | None |
| High School | None |
| High School District | None |
| Home Warranty Y/N | None |
| Insurance Expense | None |
| Interior Features | None |
| Land Lease Amount | None |
| Land Lease Amount Frequency | None |
| Land Lease Y/N | None |
| Leasable Area | None |
| Lease Amount | None |
| Lease Amount Frequency | None |
| Lease Considered Y/N | False |
| Lease Renewal Y/N | None |
| Lease Type | None |
| Levels | Two |
| Lot Size Square Feet | None |
| MLS Area | 16J Myrtle Beach Area--includes Prestwick & Lakewo |
| MLS Area Minor | None |
| Maintenanceexpense | None |
| Make | None |
| Middle/Junior High School | None |
| Middle/Junior School District | None |
| Mobile Length | None |
| Mobile Width | None |
| Mobilehomeremainsyn | None |
| Net Operating Income | None |
| New Construction | None |
| Number of Units Leased | None |
| Numberofunitsvacant | None |
| Occupancy Description | None |
| Occupantname | None |
| Ok to Lease | None |
| Open Parking Spaces | None |
| Operating Expense | None |
| Other Structures | None |
| Ownerpays | None |
| Ownership Type | None |
| Patio/Porch Features | None |
| Percent Ownership | None |
| Pet Deposit | None |
| Pets Allowed | None |
| Pool Features | None |
| Possession | None |
| Possible Use | None |
| Property Attached Y/N | None |
| Property Condition | None |
| Property Sub Type Additional | Retail |
| Property SubType | Retail |
| Property Type | CommercialSale |
| Rent Control Y/N | None |
| Rent Includes | None |
| Roof | None |
| Security Deposit | None |
| Security Features | None |
| Senior Community Y/N | None |
| Sewer | None |
| Spa Features | None |
| Standard Status | Active |
| Status | Active |
| Stories | 2 |
| Street Name | Kings Hwy. |
| Structure Type | None |
| Sub Agent Compensation Type | None |
| Subdivision Name | None |
| Tax Annual Amount | None |
| Tax Assessed Value | None |
| Tax Lot | None |
| Tax Year | None |
| TaxOtherAnnualAssessmentAmount | None |
| Taxes | None |
| Tenant Pays | None |
| Topography | None |
| Total Actual Rent | None |
| Total Rooms | None |
| Total Units | 1 |
| Township | None |
| Trash Expense | None |
| Unit Number | None |
| Utilities | None |
| View | None |
| View Y/N | None |
| Virtual Tour | None |
| Virtual Tour | None |
| Walk Score | None |
| Water Sewer Expense | None |
| Waterfront Features | None |
| Waterfront Y/N | None |
| Year Built | 1983 |
| Year Built Details | None |
| Year Built Source | None |
| Zoning | C8 |
| Zoning Description | None |
Interior Features
| 1/4 Baths | None |
|---|---|
| 3/4 Baths | None |
| Above Grade Finished Area | None |
| Above Grade Finished Area Source | None |
| Above Grade Finished Area Unit Type | None |
| Air Conditioning Y/N | None |
| Basement (Y/N) | None |
| Bathroomspartial | None |
| Bedrooms Possible | None |
| Below Grade Finished Area | None |
| Below Grade Finished Area Source | None |
| Below Grade Finished Area Unit Type | None |
| Buyerofficeemail | None |
| Common Walls | None |
| Electric On Property Y/N | None |
| Entry Level | None |
| Fireplace Features | None |
| Fireplace Y/N | None |
| Flooring | None |
| Full Baths | None |
| Furnished Units | None |
| Furnished Y/N | None |
| Half Baths | None |
| Heating Y/N | None |
| Laundry Features | None |
| Living Area Units | None |
| Livingareasource | None |
| Main Level Bathrooms | None |
| Main Level Bedrooms | None |
| Rangearea | None |
| Seatingcapacity | None |
| Street Suffix | None |
| Total Baths | None |
| Total Bedrooms | None |
| Total Fireplaces | None |
| Total Stories | None |
| Window Features | None |
Exterior Features
| Buyer Agent Compensation | 2.5 |
|---|---|
| Buyer Agent Compensation Type | None |
| Builder Model | None |
| Building Area Total | None |
| Buyerofficefax | None |
| Covered Spaces | None |
| Crops Included Y/N | None |
| Cultivated Area | None |
| Door Features | None |
| Fencing | None |
| Foundation Area | None |
| Foundation Details | None |
| Frontage Length | None |
| Frontage Type | None |
| Horse Amenities | None |
| Horse Y/N | None |
| Inclusions | None |
| Irrigation Water Rights Y/N | None |
| Lot Dimensions | None |
| Lot Features | None |
| Lot Size Acres | 1.18 |
| Lot Size Area | None |
| Lot Size Source | Assessor |
| Lot Size Units | None |
| Lotdimensionssource | None |
| Mobile Home Dimensions | None |
| Model | None |
| Number of Buildings | None |
| Number of Lots | None |
| Number of Pads | None |
| Number of Separate Electric Meters | None |
| Number of Separate Gas Meters | None |
| Number of Separate Water Meters | None |
| Open Parking Y/N | None |
| Other Equipment | None |
| Other Parking | None |
| Ownerphone | None |
| Park Name | None |
| Parking Features | None |
| Pasture Area | None |
| Pool Charge | None |
| RV Parking Dimensions | None |
| Road Frontage Type | None |
| Road Responsibility | None |
| Road Surface Type | None |
| Skirt | None |
| Spa | None |
| Total Parking | None |
| Vegetation | None |
| Water Source | None |
| Wooded Area | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 29575
Price
Visits
Year Built
Walkscore
Copyright © 2023 of the Coastal Carolinas Association of REALTORS® MLS. This information is deemed reliable, but not guaranteed. Neither the Coastal Carolinas Association of REALTORS®, 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 Coastal Carolinas Association of REALTORS® for use by its members and is not intended for any other purpose. Broker ReciprocitySM information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This data is updated on a daily basis. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. September 21, 2023 11:49 AM UTC
