$3,500,000
( $343.14Per Sq Foot )
 $18,258 est/mo Sourced by Back At You

5301 S Kings Hwy. , Myrtle Beach, SC 29575

Myrtle Beach, SC 29575

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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 TypeFor Sale
StyleRetail
Building NameLobster House
Sub-TypeResale
StatusActive
Year1983
Days On Site12
Listing Provided ByThe MB Real Estate Store LLC | Eva Rigney

Features

SQ Feet10,200
Story(s)2
Units1
ZoningC8
Acreage1.18

Market Activity 29575

Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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Listings Checked: 2 minutes ago
StateSC
CountyHorry
CityMyrtle Beach
Zip Code29575
Area16J Myrtle Beach Area includes Prestwick & Lakewood
Listing VS Median (in 29575)
Price:
$3,500,000
low | high
Med:
$275,000
100% of Average
SqFt:
10,200
low | high
Med:
1,140
100% of Average
$ / SqFt:
$343
low | high
Med:
$242
79.503968253968% of Average
On Site:
12
low | high
Med:
180.500000
6.648199445983% of Average
Sourced by Back At You
Listing Updated: January 6, 2025 at 8:35:25 PM PST