Viewing Listing MLS# 2500034

$3,500,000 | N/A beds | N/A full baths | N/A half baths | 10,200 sqft

$3,500,000 No Recent Price Change
5301 S Kings Hwy.
Myrtle Beach, SC 29575
  • C8Zoning
  • 10,200SqFt
  • 1Units
  • N/ASale/Rent
  • N/AWet Lands
  • 1.18Acres
  • MLS# 2500034
  • Commercial
  • Retail
  • Active

  • Approx Time on Market3 months, 22 days
  • AreaMyrtle Beach Area--Includes Prestwick & Lakewood
  • CountyHorry
  • Subdivision N/A

Overview

This is a fantastic opportunity for an investor looking for a stable, income-generating property. The seller is offering a lease-back agreement, allowing the current restaurant business to continue operating on the premises, providing immediate and reliable rental income. Please note that the sale is exclusively for the land and building, not the restaurant business itself. This means you can acquire a valuable property in a prime location with a built-in tenant already in place, making it an excellent low-risk investment. Don't miss out on this unique chance to own a property that offers both security and long-term potential!



Agriculture / Farm

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,

Association Fees / Info

Hoa:  No

Bathroom Info

Building Info

New Construction:  No

Num Stories:  2

Levels:  Two

Year Built:  1983

Mobile Home Remains:  ,No,

Zoning:  C8

Buyer Compensation

Exterior Features

Spa:  No

Financial

Lease Renewal Option:  ,No,

Business Name:  Lobster House

Garage / Parking

Garage:  No

Carport:  No

Open Parking:  No

Attached Garage:  No

Interior Features

Fireplace:  No

Lot Info

Lease Considered:  ,No,

Lease Assignable:  ,No,

Acres:  1.18

Land Lease:  No

Misc

Pool Private:  No

Offer Compensation

Property Info

County:  Horry

Current Use:  Restaurant

View:  No

Number of Units Total:  1

Senior Community:  No

Stipulation of Sale:  None

Habitable Residence:  ,No,

Property Sub Type Additional:  Retail

Property Attached:  No

Rent Control:  No

Room Info

Basement:  ,No,

Sold Info

Sqft Info

Sqft:  10200

Tax Info

Unit Info

Utilities / Hvac

Electric On Property:  No

Cooling:  No

Heating:  No

Waterfront / Water

Waterfront:  No

Directions

Head south on Kings Hwy toward Surfside Beach. The property is on the left side, east of Hwy 17 business.

Courtesy of The Mb Real Estate Store Llc 

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On rozmurray.com since Wed, Jan 1st 2025
No Property History recorded for this listing.

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