Address
5301 S Kings Hwy. Myrtle Beach, SC
Price
$ 1,349,000
Property Attributes
  • MLS#1924318
  • TypeCommercial
  • CountyHORRY
  • CityMyrtle Beach
  • AreaMyrtle Beach
  • Zip29575
  • Style
  • Price$ 1,349,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8330
  • Lot Size1.18 Acres
Listing Provided Courtesy Of:
Keystone Realty MB, LLC
Data Source:
Coastal Carolina Associate of Realtors
Property Description

OFFERED FOR SALE is the Lobster House Seafood Restaurant - land & building only. This listing excludes the business, all FF&E and trade name. This is strictly a building and land purchase. LOCATION DESCRIPTION: Located on Eastern side of US Highway 17 Business on the South end of Myrtle Beach. Easily accessible via Highway 17 Bypass, US Highway 544 and Farrow Parkway. Excellent Visibility from US Highway 17 Business. REAL ESTATE: Approximately 1.18 Acres 2 Parcels, Identified as PIN's: 44616030042 and 44615040070, County of Horry, SC. Approximately 290 Feet of Frontage on South Kings Highway Average Daily Traffic Count-31,100 (SCDOT 2018) Zoned as Highway Commercial (HC), County of Horry, SC. IMPROVEMENTS: Free Standing Building, Measuring Approximately 8,330 SF Constructed in 1983 Current Seating Configuration includes Approximately 200 Dining Room Seating, with room for additional seats Bar Area Currently Seats 10 Asphalt Paved Parking Lot with Approximately 90 Stripped Spaces Curb Cut Access for Southbound Traffic Billboard on site for extra income potential Bonus 2nd floor apartment adds potential for additional revenue

Price History
11/13/2019 Listed $1,349,000

General Features

Designated Flood Plain No
Present Use Restaurant
Stipulation of Sale None
Stories 1
Subdivision SC
Type Retail
Zoning C8

Interior Features

Total Number of Units 1

Exterior Features

Estimated Road Frontage 290'
Number Of Acres 1.18
Underground Storage Tanks Unknown
Wetlands Unknown

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
AVG $240K
$1.35M
Visits
AVG 141
121

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