$750,000

312 N 6th Ave. N

Myrtle Beach SC, 29577

Description

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.

Details

MLS#1905136
Listing TypeFor Sale
StyleIQWeb_Other Business Opportunity
Sub-TypeResale
Status1_0
Days On Site695

Features

SQ Feet6,714
Story(s)2
Units17
ZoningMU-H

Market Activity 29577

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Area Information
StateSC
CountyHorry
CityMyrtle Beach
Zip Code29577
Area16G Myrtle Beach Area--Southern
Listing VS Median (in 29577)
Price:
$750,000
low | high
Med:
$177,450
100% of Average
SqFt:
6,714
low | high
Med:
0
100% of Average
$ / SqFt:
$112
low | high
Med:
$0
100% of Average
On Site:
695
low | high
Med:
142.5
100% of Average
Listing Updated: January 27, 2021 8:04:28 PM PST
Steven Forester LogoMLS Number: 1905136
Listing Provided By:
Steven Forester  of  The Litchfield Company RE-MB
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolina Association of Realtors.