1206 S Kings Hwy - Restaurant FOR SALE


Myrtle Beach, SC 29577- Downtown Myrtle Beach
$250,000 USD
843-602-2155
1206 S Kings Hwy, Myrtle Beach, SC for Sale
$250,000 USD
Restaurant - FOR SALE
1/7
null | Request Cap Rate

1206 S Kings Hwy
Myrtle Beach, SC 29577
Downtown Myrtle Beach


HIGHLIGHTS

  • Prime location on South Kings Highway in central Myrtle Beach
  • Newly remodeled restaurant with seating capacity for 200 guests
  • High-visibility frontage with strong year-round traffic counts
  • Zoned Highway Commercial offering versatile business options
  • Surrounded by retail, hospitality, and entertainment destinations
  • Affordable entry point into a thriving coastal market

OVERVIEW

Positioned in the heart of Myrtle Beach’s vibrant commercial corridor, this fully operational and newly remodeled sushi restaurant offers an exceptional opportunity for investors or owner-operators seeking a prime business location. Situated on nearly one acre along South Kings Highway, the property boasts 174 feet of road frontage, ensuring outstanding visibility and easy access for both locals and tourists. The surrounding area is a bustling hub of retail, hospitality, and entertainment venues, drawing consistent foot traffic year-round. The building features a spacious layout with seating for up to 200 guests, complemented by modern finishes and a welcoming atmosphere. Its central location within city limits provides proximity to major attractions, beaches, and high-density residential neighborhoods, making it ideal for continued restaurant operations or conversion to a new concept. Zoned HC (Highway Commercial), the site offers flexibility for a variety of business uses, supported by public water and sewer infrastructure. With an asking price of $250,000 and a triple-net lease structure in place, this asset delivers a rare combination of affordability and strategic positioning. Myrtle Beach remains one of the Southeast’s most dynamic tourism markets, attracting millions of visitors annually and sustaining strong local demographics. Whether you maintain the current sushi and Japanese steakhouse theme or introduce a fresh concept, the possibilities are endless in this high-traffic, high-growth location.

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$45 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,746 SF

ZONING

CC

APN/PARCEL ID

44311040003

ASK ABOUT THIS PROPERTY

Lui ChengColdwell Banker Commercial Sea Coast AdvantageMore Info
843-602-2155

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Lui ChengColdwell Banker Commercial Sea Coast AdvantageMore Info
843-602-2155

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.