Homes for sale in Myrtle Beach SC

Myrtle Beach Real Estate

Hospitality Restaurant 412 N Kings Hwy. Myrtle Beach

Bedrooms Bedrooms: Bathrooms Bathrooms:
MLS #: 2304306
Address Street: Kings Hwy.
City: Myrtle Beach
County: Horry
State: SC
Zip: 29577
Status: ACTIVE
Sale/Rent: For Sale
Asking Price: $1,295,000
Stipulation of Sale: None
Number of Units: 1
# of Stories: 1
Buildings: 1
Type: Hospitality
Seating Capacity: 120
Half Baths: 1
Zoning: MU-H
Number of Acres: 0.47
Total Parking Spaces: 40
Est. Gross SqFt: 3610
Estm. Road Frontage: 120

Property Description

**LOT SIZE: 120’ x 167’ (Almost a half acre) CORNER LOCATION. DOUBLE LOT. ONLY 2 BLOCKS TO THE BEACH. Oceanside of Kings Hwy. PROPERTY ZONED: MU-H which features a MULTITUDE of over 100 uses. Check out the City of MB Zoning site for further detail. ---------This GREAT property is within the MYRTLE BEACH OPPORTUNITY ZONE !! Share the links below with your buyers because there are GREAT INCENTIVES in place by the City of Myrtle Beach for the Downtown Revitalization Program: Please see the links in the associated documents section of my listing for further detail. -------This will sell soon even with the low numbers because with a vision and smart business plan, this property can draw in the crowds of people coming to Myrtle Beach.-------Priced to Sell. Owner has retired. -----Call me today to present your highest and best offer. --------RARE opportunity to purchase the LAND (120’ x 167’ = .47 almost half an acre) BUILDING (approx 3610sqft), and the BUSINESS, "PIZZA A LA ROMA III", serving up delicious food and also has a buffet. 4 restrooms. LOCATION LOCATION LOCATION: In the HEART of Myrtle Beach and DIRECTLY on King's Hwy just a few blocks south of MAIN STREET - With an average daily HIGHLY TRAFFIC count of 33,000, business is at your door step !! --------Please read more about DOWNTOWN REVITALIZATION plans on the City of MB website, as this property is within the "OPPORTUNITY ZONE".. There are INCENTIVES in place that your buyer may be highly interested in. I have included the links in the associated documents----BUSINESS IS BOOMING. -------- The people are coming to this well known restaurant and have been doing so since 1979. FAMILY OWNED and OPERATED. BUY now before prices escalate even more. Run the restaurant as it has been run for more than 40 years, OR, implement your own ideas. PLENTY OF ROOM for FUTURE BUSINESS such as opening for BREAKFAST, or running a late night business with deliveries. MUCH SUCCESS already with DOORDASH, GRUB HUB, UBER EATS and other food delivery companies. Easy access to and from the restaurant with entrances from King's Hwy and also 5th Ave N. Parking for 40 spaces. Occupancy 120. Surrounded by plenty of Hotels and Motels. ONLY 2 BLOCKS TO THE OCEANFRONT. ------- ROOF only 3 years old. Parking lot resurfaced 3 years ago. One HVAC system is approx 3 years old, the other only 6 years old. ---------- The restaurant features a BUFFET BAR, SEPARATE ROOMS FOR BIRTHDAYS, ANNIVERSARIES, PARTIES etc. They also have great online reviews because their food is PHENOMENAL !! --- GET YOUR INVESTOR THINKING CAPS ON BECAUSE YOU COULD EVEN BUY THE BUILDING WITH LAND AND THEN LEASE TO SOMEONE ELSE WANTING TO RUN A RESTAURANT. ---- NOW IS THE TIME - NO DELAYS. TURN KEY READY !! *Selling because the remaining owner is retired and her husband passed away in 2019. She has been in the kitchen since 1979. Bless her heart. Let’s help her to relax and enjoy the rest of her life.

Interior & Exterior Features

Feature Descriptions

Exterior Finish:
Heating & Cooling:
Sorry, Unable to map the location
Courtesy of: Seaside Realty
Latitude: 33.689447
Longitude: -78.886677

Last modified on: 03/07/2023