$3,500,000
( $343.14Per Sq Foot )
$18,258 est/mo Sourced by Back At You5301 S Kings Hwy. , Myrtle Beach, SC 29575
Myrtle Beach, SC 29575
Description
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!
Details
| MLS# | 2500034 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Building Name | Lobster House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1983 |
| Days On Site | 17 |
| Listing Provided By | The MB Real Estate Store LLC | Eva Rigney |
Features
| SQ Feet | 10,200 |
|---|---|
| Story(s) | 2 |
| Units | 1 |
| Zoning | C8 |
| Acreage | 1.18 |
Market Activity 29575
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Learn More About This Property
| State | SC |
|---|---|
| County | Horry |
| City | Myrtle Beach |
| Zip Code | 29575 |
| Area | 16J Myrtle Beach Area includes Prestwick & Lakewood |
| Listing VS Median (in 29575) | |
Price: $3,500,000 low | high Med: $277,900 SqFt: 10,200 low | high Med: 800 $ / SqFt: $343 low | high Med: $347 On Site: 17 low | high Med: 195.000000 | |
Listing Updated: January 6, 2025 at 8:35:25 PM PST