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 upgradednew 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!
MLS# | 2427385 |
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Listing Type | For Sale |
Style | Hospitality |
Sub-Type | Resale |
Status | Active |
Year | 1955 |
Days On Site | 52 |
Listing Provided By | Beach & Forest Realty | Chance Leith |
SQ Feet | 17,372 |
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Story(s) | 2 |
Units | 32 |
Zoning | Commercial |
Acreage | 0.42 |
State | SC |
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County | Horry |
City | Myrtle Beach |
Zip Code | 29577 |
Area | 16G Myrtle Beach Area Southern Limit to 10TH Ave N |
Listing VS Median (in 29577) | |
Price: $4,299,000 low | high Med: $239,000 SqFt: 17,372 low | high Med: 687 $ / SqFt: $247 low | high Med: $355 On Site: 52 low | high Med: 189.500000 |