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Listed by Chance Leith • Beach & Forest Realty
$3,850,000
17,372 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/ Motel
Listing Status Pending
Purchase Type For Sale
Square Footage 17,372 sqft
Price per Sqft $221
MLS Listing ID 2617729
HOA Y/N No
Year Built 1955
Lot Size 0.420 Acres
Acres 0.42
Property Sub-Type Hotel/ Motel
Source CCAR
Property Description
Unbeatable Location, Endless Potential: Just steps from the ocean and a short stroll to the iconic Sky Wheel, this prime .42-acre corner property is a rare gem. Boasting over 20,000 sq. ft. of fully renovated space in 2022, many details have been upgraded—new roof, plumbing, electrical, HVAC, flooring, appliances, and more. Featuring 32 fully operational units, including efficiencies, double rooms, and one-bedroom suites, the property is perfectly situated within walking distance of The Boardwalk and close to Broadway at the Beach, waterparks, shopping, dining, and entertainment hotspots. Includes a 3,000 sq. ft. commercial/retail space with income potential through leasing. Financials are available upon request. Don't miss this opportunity to own a turnkey building in a high-demand location!
Location
State SC
County Horry
Area 16G Myrtle Beach Area--Southern Limit To 10Th Ave N
Zoning Commercial
Interior
Heating Central
Cooling Central Air
Furnishings Furnished
Fireplace No
Exterior
Present Use Hotel/Motel
Building
Entry Level Two
Sewer Public Sewer
Level or Stories Two
Others
Senior Community No
Tax ID 44401020034
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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