Homes for sale in Myrtle Beach SC

Myrtle Beach Real Estate

Industrial Office 1604 American Way Myrtle Beach

$1,250,000
Bedrooms Bedrooms: Bathrooms Bathrooms:
MLS #: 2303857
Address Street: American Way
City: Myrtle Beach
County: Horry
State: SC
Zip: 29577
Status: ACTIVE
Sale/Rent: For Sale
Asking Price: $1,250,000
Stipulation of Sale: None
Number of Units: 1
# of Stories: 2
Buildings: 1
Class: COMMERCIAL/INDUSTRIAL
Type: Industrial
Half Baths: 1
Zoning: LM
Number of Acres: 0.51
Estm. Road Frontage: 112

Property Description

Don’t miss this rare investment opportunity to own a 7,340 SF Office/ Warehouse building for sale in the highly sought after North Industrial Park area offered at a 6% CAP rate. Building is fully leased , 3% rental escalations per year, true Net Lease; Tenant pays all expenses including taxes, insurance, common area maintenance, landscape, etc. Building consists of 1,180 SF office, 1,180 SF loft space, 350 SF covered loading dock and 4,630 SF Warehouse. Building features a customer service/reception area, break room with kitchenette, 2 offices, 1 large managers office/conference room and 2 handicap accessible restrooms. Warehouse has 18’ ceiling height with two 12x12 overhead doors, and a hard-to-find sunken loading dock, Zoned LM. Property is also fully equipped with an irrigation and security system. Building is located on a 0.51-acre lot featuring 112’ of frontage on American Way. Don't miss your opportunity to own in Myrtle Beach's premier industrial park with convenient access to all major thoroughfares. Centrally located between highways 501, Hwy 22, 17 Bypass, 17 Business, Grissom Parkway and just steps away from Myrtle Beach International Airport. This property is a must see!

Interior & Exterior Features

Feature Descriptions

Exterior Finish:
Heating & Cooling:
Sorry, Unable to map the location
Courtesy of: Tideland Commercial
Latitude: 33.6926255867058
Longitude: -78.921533

Last modified on: 03/02/2023