PERFECT OPPORTUNITY to own a great commercial investment property now available in a central Myrtle Beach location. The fully leased retail property consists of just over 21,000 sq ft, in two buildings and three units. Unit breakdown is, building one- Unit A is 4,909 sq Ft, Unit B is 7,767 sq ft, building two - 8,512 sq ft. The property is visible from the very busy Hwy 501 which is the main artery coming into Myrtle Beach. High traffic area! Just a short distance to the MB international Airport, Broadway at the Beach and Carolina Forest. Very attractive CAP rate! All tenants are on an annual lease.
Listing Date: 09-29-2021
Sold Date: 12-01-2021
Aprox Days on Market: 
2 month(s), 1 day(s)
Listing Sold: 
4 Year(s), 7 month(s), 7 day(s) ago
Asking Price: $1,025,500
Selling Price: $1,025,500
Price Difference:
Same as list price
Grazing Permits Blm: ,No,
Horse: No
Grazing Permits Forest Service: ,No,
Grazing Permits Private: ,No,
Irrigation Water Rights: ,No,
Farm Credit Service Incl: ,No,
Crops Included: ,No,
Hoa: No
New Construction: No
Num Stories: 1
Levels: One
Year Built: 1993
Mobile Home Remains: ,No,
Zoning: HC
Construction Materials: Block, MetalSiding
Building Area Source: PublicRecords
Spa: No
Lease Renewal Option: ,No,
Lease Term: Item4Years
Garage: No
Carport: No
Open Parking: No
Attached Garage: No
Fireplace: No
Furnished: Unfurnished
Lease Considered: ,No,
Lease Assignable: ,No,
Acres: 0.78
Land Lease: No
Pool Private: No
County: Horry
Current Use: Retail
View: No
Number of Units Total: 3
Senior Community: No
Stipulation of Sale: None
Habitable Residence: ,No,
Property Sub Type Additional: Retail
Property Attached: No
Rent Control: No
Number of Buildings: 2
Basement: ,No,
Sold Date: 2021-12-01T00:00:00
Sqft: 21188
Unit: HWY 501
Heating: Central
Cooling: CentralAir
Electric On Property: No
Cooling: Yes
Sewer: PublicSewer
Heating: Yes
Waterfront: No
Courtesy of Realty One Group Dockside
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