Waterfront
Address
412 N Kings Hwy. Myrtle Beach, SC
Price
$ 1,350,000
Property Attributes
  • MLS#2106452
  • TypeCommercial
  • CountyHORRY
  • CityMyrtle Beach
  • AreaMyrtle Beach
  • Zip29577
  • StyleRestaurant
  • Price$ 1,350,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3610
  • Lot Size0.47 Acres
Listing Provided Courtesy Of:
Seaside Realty
Data Source:
Coastal Carolinas MLS (CCARMLS) - 33 - SC
Property Description

RARE opportunity to purchase the LAND (120’ x 167’ = .47 almost half an acre) BUILDING (approx 3610sqft), and the BUSINESS "PIZZA A LA ROMA III" serving up delicious food and cocktails. Liquor license in place. LOCATION LOCATION LOCATION: In the HEART of Myrtle Beach and DIRECTLY on King's Hwy just a few blocks south of MAIN STREET - With an average daily HIGHLY TRAFFIC count of 33,000, business is at your door step !! MAY BE A GREAT CANDIDATE PROPERTY TO TURN IN TO A DRIVE-THRU RESTAURANT SINCE IT HAS ACCESS FROM TWO ROADS.---- Please read more about DOWNTOWN REVITALIZATION plans on the City of MB website, as this property is within the "OPPORTUNITY ZONE".. There are INCENTIVES in place that your buyer may be highly interested in. I have included the links in the agent to agent remarks section----BUSINESS IS BOOMING. In the month of March 2021, the income was better than any other March in the recorded history of the business. The people are coming to this well known restaurant and have been doing so since 1979. FAMILY OWNED and OPERATED. BUY now before prices escalate even more. Run the restaurant as it has been run for more than 40 years, OR, implement your own ideas. PLENTY OF ROOM for FUTURE BUSINESS such as opening for BREAKFAST, or running a late night business with deliveries. MUCH SUCCESS already with DOORDASH, GRUB HUB, UBER EATS and other food delivery companies. Easy access to and from the restaurant with entrances from King's Hwy and also 5th Ave N. Parking for 40 spaces. Occupancy 120. Surrounded by plenty of Hotels and Motels. ONLY 2 BLOCKS TO THE OCEANFRONT. ----------- The Myrtle Beach housing market is up 18% from last year. ------- NEW ROOF only 2 years old. Parking lot resurfaced 2 years ago. One HVAC system is approx 2 years old, the other only 5 years old. ---------- The restaurant features a BUFFET BAR, SEPARATE ROOMS FOR BIRTHDAYS, ANNIVERSARIES, PARTIES etc. They also have great online reviews because their food is PHENOMENAL !! --- GET YOUR INVESTOR THINKING CAPS ON BECAUSE YOU COULD EVEN BUY THE BUILDING WITH LAND AND THEN LEASE TO SOMEONE ELSE WANTING TO RUN A RESTAURANT. ---- NOW IS THE TIME - NO DELAYS. TURN KEY READY !! *Selling because the remaining owner is retiring and her husband passed away in 2019. She has been in the kitchen since 1979. Bless her heart. Let’s help her to relax and enjoy the rest of her life.

Price History
3/23/2021 Listed $1,375,000
6/18/2021 2% - $1,350,000

General Features

Additional Amenities 220-Volt Power, Display Windows, Fixtures/Furniture, Handicap Access, Inside Storage, Kitchen Facility, Office(s), Restrooms - Public, Sign, Sprinkler System
Designated Flood Plain No
Present Use Free Standing Restaurant
Stipulation of Sale None
Stories 1
Subdivision SC
Type Hospitality
Type Business Restaurant
Zoning MU-H

Interior Features

Gross Square Footage (Estimated) 3610
Heating/Cooling Central Air, Central Heat
Seating Capacity 120
Total Number of Units 1
Total Sq. Ft. Under Roof 3610

Exterior Features

Buildings 1
Estimated Road Frontage 120
Exterior Finish Brick Veneer, Concrete and Steel, Masonry Accent, Other, Wood Frame
Improved Conforming, Yes
Number Of Acres 0.47
Total Parking Spaces 40
Underground Storage Tanks No
Water/sewer Water Public, Public Sewer
Wetlands No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 29577

Price
AVG $290K
$1.35M
Visits
AVG 114
139
Walkscore
AVG 48
80
Data Provided by Walkscore ® not using MLS data

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