This motel is located in the heart of Myrtle Beach and is also located within the; "new opportunity zoning district" which has additional incentives for investors. This property is only steps to the beach and has 17 rental units that include 9 single room units and 8 apartments. Property can continue to be utilized for rental income, or viewed as raw land to be developed. A 2 story home, located next to the motel, can also be purchased for additional usage. Possible uses of the property could be as a boutique hotel. With approximately 158' of road frontage at the corner of 6th Ave and Chester Street in Myrtle Beach, and a possible 70 additional feet of frontage with the home next door, this property is uniquely situated in Myrtle Beach. Please call for additional details.
MLS# | 1905136 |
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Listing Type | For Sale |
Style | IQWeb_Other Business Opportunity |
Sub-Type | Resale |
Status | 1_0 |
Days On Site | 695 |
SQ Feet | 6,714 |
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Story(s) | 2 |
Units | 17 |
Zoning | MU-H |
Area Information | |
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State | SC |
County | Horry |
City | Myrtle Beach |
Zip Code | 29577 |
Area | 16G Myrtle Beach Area--Southern |
Listing VS Median (in 29577) | |
Price: $750,000 low | high Med: $177,450 SqFt: 6,714 low | high Med: 0 $ / SqFt: $112 low | high Med: $0 On Site: 695 low | high Med: 142.5 |