900 Us-501 Hwy - Freestanding FOR SALE


Myrtle Beach, SC 29577- Downtown Myrtle Beach
$1,195,000 USD
864-979-0335
900 Us-501 Hwy, Myrtle Beach, SC for Sale
$1,195,000 USD
Freestanding - FOR SALE
1/11
null | Request Cap Rate

900 Us-501 Hwy
Myrtle Beach, SC 29577
Downtown Myrtle Beach


HIGHLIGHTS

  • Great location in Myrtle Beach at the corner Hwy. 501 and Alder street, just on block from 6th Ave N. and 2 blocks from Hwy. 17 Business (N. Kings Hwy

OVERVIEW

Excellent opportunity in a prime location for retail owner/user or investor. Unit B already has a long term Lease in place and current owner would be willing to Lease-Back Unit A to provide higher than market Cap rate. The building is a total of 5922+/- sq. ft. on .46+/- acres on the corner of Hwy 501 and Alder street in Myrtle Beach, SC. Unit A is approximately 4600+/- sq. ft. and is built out as 50% retail/showroom and 50% automotive shop. Property is only 6 blocks from the beach, has traffic counts of 13,000 vehicles per day on Hwy 501 and 1 block away from Hwy 17 with 28,000+/day.

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$202 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

CROSS STREETS

Alder St

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

UZ

APN/PARCEL ID

44304020038,44304020039,44304020040,44304020041

ASK ABOUT THIS PROPERTY

Brent EdgertonKW CommercialMore Info
864-979-0335

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Brent EdgertonKW CommercialMore Info
864-979-0335

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