Myrtle Beach Real Estate For Sale
Myrtle Beach, SC 29577
- LMZoning
- 7,340SqFt
- 1Units
- N/ASale/Rent
- N/AWet Lands
- 0.51Acres
- MLS# 2303857
- Commercial
- Industrial
- Sold
- Approx Time on Market6 months, 4 days
- AreaMyrtle Beach Area--Southern Limit To 10th Ave N
- CountyHorry
- SubdivisionN/A
Overview
Dont miss this rare investment opportunity to own a 7,340 SF Office/ Warehouse building for sale in the highly sought after North Industrial Park area offered at a 6% CAP rate. Building is fully leased , 3% rental escalations per year, true Net Lease; Tenant pays all expenses including taxes, insurance, common area maintenance, landscape, etc. Building consists of 1,180 SF office, 1,180 SF loft space, 350 SF covered loading dock and 4,630 SF Warehouse. Building features a customer service/reception area, break room with kitchenette, 2 offices, 1 large managers office/conference room and 2 handicap accessible restrooms. Warehouse has 18 ceiling height with two 12x12 overhead doors, and a hard-to-find sunken loading dock, Zoned LM. Property is also fully equipped with an irrigation and security system. Building is located on a 0.51-acre lot featuring 112 of frontage on American Way. Don't miss your opportunity to own in Myrtle Beach's premier industrial park with convenient access to all major thoroughfares. Centrally located between highways 501, Hwy 22, 17 Bypass, 17 Business, Grissom Parkway and just steps away from Myrtle Beach International Airport. This property is a must see!
Sale Info
Listing Date: 03-01-2023
Sold Date: 09-06-2023
Aprox Days on Market: 
6 month(s), 4 day(s)
Listing Sold: 
8 month(s), 1 day(s) ago
Asking Price: $1,250,000
Selling Price: $1,100,000
Price Difference:
Reduced By $150,000
Agriculture / Farm
Grazing Permits Blm: ,No,
Horse: No
Grazing Permits Forest Service: ,No,
Grazing Permits Private: ,No,
Irrigation Water Rights: ,No,
Farm Credit Service Incl: ,No,
Crops Included: ,No,
Association Fees / Info
Hoa: No
Assoc Amenities: Storage
Bathroom Info
Building Info
New Construction: No
Num Stories: 2
Levels: Two
Year Built: 2017
Mobile Home Remains: ,No,
Zoning: LM
Building Features: DriveInDoors, HandicapAccess, KitchenFacilities, LoadingDock, Office, PrivateRestrooms, ReceptionArea
Construction Materials: BrickVeneer, MetalSiding
Buyer Compensation
Exterior Features
Spa: No
Exterior Features: SprinklerIrrigation
Financial
Lease Renewal Option: ,No,
Garage / Parking
Garage: No
Carport: No
Open Parking: No
Attached Garage: No
Interior Features
Fireplace: No
Interior Features: Storage
Lot Info
Lease Considered: ,No,
Lease Assignable: ,No,
Acres: 0.51
Lot Size: 112X210X112X210
Land Lease: No
Misc
Pool Private: No
Offer Compensation
Property Info
County: Horry
Current Use: Office
View: No
Number of Units Total: 1
Senior Community: No
Stipulation of Sale: None
Habitable Residence: ,No,
Property Sub Type Additional: Industrial
Property Attached: No
Security Features: SecuritySystem, FireSprinklerSystem
Rent Control: No
Number of Buildings: 1
Room Info
Basement: ,No,
Sold Info
Sold Date: 2023-09-06T00:00:00
Sqft Info
Sqft: 7340
Tax Info
Tax Amount Annual: 7706.11
Unit Info
Unit: Lot 47
Utilities / Hvac
Heating: Central
Cooling: CentralAir
Electric On Property: No
Cooling: Yes
Sewer: PublicSewer
Electric: Item220Volts
Heating: Yes
Waterfront / Water
Waterfront: No
Directions
North Industrial Park located off 17th Ave S. Between Robert Grissom and Harrelson Blvd.Courtesy of Tideland Commercial