Homes for sale in Myrtle Beach SC

Myrtle Beach Real Estate

Retail Restaurant 5301 S Kings Hwy. Myrtle Beach

$2,103,875
Bedrooms Bedrooms: Bathrooms Bathrooms:
MLS #: 2223384
Address Street: Kings Hwy.
City: Myrtle Beach
County: Horry
State: SC
Zip: 29575
Status: ACTIVE
Sale/Rent: For Sale
Asking Price: $2,103,875
Stipulation of Sale: None
Number of Units: 1
# of Stories: 2
Class: COMMERCIAL/INDUSTRIAL
Type: Retail
Half Baths: 1
Zoning: C8
Number of Acres: 1.18
Estm. Road Frontage: 300

Property Description

Great Bargain!!! THE OWNER has been operating this restaurant continuously since 2012. He has grown this business tremendously and has built up close to 4,000 Google reviews with a 4.4 rating thus far. However, the sale price of this property is solely based on the value of the land and building. The owner realized that others may want to pursue other businesses at this location, so we've taken off the price he would have asked for had the business been included. 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 !!!

Interior & Exterior Features

Feature Descriptions

Sorry, Unable to map the location
Courtesy of: Quas Realty
Latitude: 33.6437632730559
Longitude: -78.9443972711639

Last modified on: 11/17/2022