Pam Guthrie - Commercial Real Estate Showcase

Pam Guthrie Property Listings
Broker Associate
Seaside Realty
314 79th Ave N
Myrtle Beach, SC 29572
(843) 446-3444
(843) 449-6410

920 Lake Arrowhead Road

Myrtle Beach, SC 29572 - North Myrtle Beach Submarket

Property Type:Retail Sub Type:Bar Status:Existing Year Built:1980
Building Size:22,947 SF Land Area:5.5 AC (239,580 SF)
For Sale Price:$1,395,000 Price/SF:$60.79
Cap Rate:-
Parking:Free Surface spaces are available
Features:Bus Line, Pylon Sign, Signage

Sale Notes:
The VALUE is in the LOCATION and size of the building and land: 21,600sqft, and 5.49 ACRES SITE. 50 Year Ground Lease: $36k per year plus $24k Property Taxes. Zoned Highway Commercial. Envision, create and implement a new concept for this "Iconic" Myrtle Beach 2001 Nightclub. Attract new customers and continue to operate as is, OR change it up and utilize the acreage for your future ideas and successes. UNIQUE offering for a property having EXPANSION potential. Keep the building as is, create a new use, or tear it down. Endless opportunities abound. 2001 Nightclub is a turn-key business ready for new owners to "continue on" with the club, or you may choose how best to occupy. LARGEST Nightclub along the Grand Strand! The "2001 ENTERTAINMENT COMPLEX", has been in business for 35 YEARS in Myrtle Beach, South Carolina. Approx 400 parking space. "3 Clubs in 1" featuring three separate dance floors, VIP areas and five bars. DJ'S, Bands, LED Lighting system, Sound System. Remodeled in 2014. Fixtures and Furnishings convey. *Employees are not to be disturbed as per Owner's request and not to know of the sale.*Subject to ground lease terms and zoning requirements.MOVE QUICK on this one

21,600 sq. ft. on 5.49 Acres. A few suggestions for this superb location: A Convention Center, Storage Facilities, Car Dealership, Indoor/Outdoor Family Fun Center, Bowling Alley, Performing Arts Center, "College Extension Space", Restaurant(s), Multiple Businesses, Condos/Apt/Housing (if you choose to tear down the building or build something new on the available land), Live/Work Environment, Weddings/Reception Hall , Neighborhood Business Center, Sports Bar(s), Wal-Mart Neighborhood Center, other national "Big Box" Franchise store locations. Take a look around at the GROWTH this area is experiencing with being so close to the Oceanfront, Golf Courses, Condos, Restaurants, High End Hotels, Shopping Centers, Amusements and Entertainment, etc...Endless ideas: Property is zoned Highway Commercial and located within the County and not located within the City limits of Myrtle Beach NOR North Myrtle Beach but between the two towns with a MB ADDRESS. ALL SHOWINGS MUST BE DURING THE DAY. LISTING AGENT TO ACCOMPANY. **Disclaimer: 'Information deemed RELIABLE but not GUARANTEED'. **EMPLOYEES ARE NOT TO BE DISTURBED AS PER OWNER'S REQUEST AND ARE NOT TO KNOW OF THE SALE.

Seaside Realty
Pam Guthrie
(843) 446-3444

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