4545 Us-501 Hwy N - Restaurant FOR SALE


Myrtle Beach, SC 29579
$3,300,000 USD
843-602-2155
4545 Us-501 Hwy N, Myrtle Beach, SC for Sale
$3,300,000 USD
Restaurant - FOR SALE
1/4
null | Request Cap Rate

4545 Us-501 Hwy N
Myrtle Beach, SC 29579


HIGHLIGHTS

  • Positioned along Myrtle Beach’s primary commercial corridor with exceptional visibility.
  • Strong long-term tenant operating a full-service restaurant with established customer base.
  • Surrounded by major national retailers, hospitality brands, and thriving residential communities.
  • High 51,511 ADT traffic count supporting consistent exposure and patronage.
  • Large dining areas, lounge, and outdoor patio designed for efficient high-volume service.
  • Close proximity to Highway 31, Myrtle Beach International Airport, and major lifestyle attractions.

OVERVIEW

This prime restaurant asset along Myrtle Beach’s highly traveled Highway 501 presents a rare opportunity to acquire a stabilized investment in one of the region’s fastest growing corridors. Situated on 1.52 acres in Horry County, the property benefits from exceptional visibility and direct access along the main east–west thoroughfare leading into Myrtle Beach’s tourism, residential, and employment centers. A long-term, professionally operated restaurant tenant anchors the property, offering dependable occupancy and operational continuity. The building features a well-designed hospitality layout that supports high-volume service. Guests are welcomed by a spacious lobby that flows into a fully equipped commercial kitchen, complete with two 20-foot hood systems designed for efficiency and throughput. The large dining room accommodates approximately 200 patrons, complemented by a dedicated lounge area ideal for pre-dining gatherings or social meetups. An inviting outdoor patio creates an additional revenue-enhancing seating environment, taking advantage of the area’s favorable climate and strong year-round tourism. The property is surrounded by highly recognizable national retailers, hospitality brands, and lifestyle destinations. Nearby anchors include Tanger Outlets, BJ’s Wholesale Club, the Carolina Forest residential communities, Legends Golf Course, and multiple national restaurant chains. The Hampton Inn positioned directly behind the site provides consistent hospitality traffic, while Highway 31’s proximity supports convenient regional access. Traffic counts of 51,511 ADT on Highway 501 provide sustained exposure for the restaurant’s signage and branding, reinforced by a 2024 demographic base of more than 226,000 residents within a ten-mile radius. With its strategic location, established tenancy, and strong surrounding commercial ecosystem, this offering provides an investor with a stable, income-producing asset supported by durable regional growth and long-term consumer demand

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$452 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

2002

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.52 AC

LAND SF

66,211 SF

ZONING

-

APN/PARCEL ID

41703010003

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.