$1,349,000

5301 S Kings Hwy.

Myrtle Beach SC, 29575

Description

OFFERED FOR SALE is the Lobster House Seafood Restaurant - land & building only. This listing excludes the business, all FF&E and trade name. This is strictly a building and land purchase. LOCATION DESCRIPTION: Located on Eastern side of US Highway 17 Business on the South end of Myrtle Beach. Easily accessible via Highway 17 Bypass, US Highway 544 and Farrow Parkway. Excellent Visibility from US Highway 17 Business. REAL ESTATE: Approximately 1.18 Acres 2 Parcels, Identified as PIN's: 44616030042 and 44615040070, County of Horry, SC. Approximately 290 Feet of Frontage on South Kings Highway Average Daily Traffic Count-31,100 (SCDOT 2018) Zoned as Highway Commercial (HC), County of Horry, SC. IMPROVEMENTS: Free Standing Building, Measuring Approximately 8,330 SF Constructed in 1983 Current Seating Configuration includes Approximately 200 Dining Room Seating, with room for additional seats Bar Area Currently Seats 10 Asphalt Paved Parking Lot with Approximately 90 Stripped Spaces Curb Cut Access for Southbound Traffic Billboard on site for extra income potential Bonus 2nd floor apartment adds potential for additional revenue

Details

MLS#1924318
StyleIQWeb_Other Business Opportunity
Sub-TypeResale
StatusActive
Days On Site30

Features

Story(s)1
Units1
ZoningC8

Market Activity 29575

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Area Information

StateSC
CountyHorry
CityMyrtle Beach
Zip Code29575
Area16J Myrtle Beach Area--includes
Listing VS Median (in 29575)
Price:
$1,349,000
low | high
Med:
$199,900
100% of Average
On Site:
30
low | high
Med:
36
83.333333333333% of Average
Listing Updated: 12/12/2019
MLS Number: 1924318
Listing Provided By:
Drew Langway  of  Keystone Realty MB LLC