Myrtle Beach, SC 29577
- hcZoning
- N/ASqFt
- 1Units
- N/ASale/Rent
- N/AWet Lands
- 0.10Acres
- MLS# 1910362
- Commercial
- Retail
- Sold
- Approx Time on Market5 months, 22 days
- AreaMyrtle Beach Area--48th Ave N To 79th Ave N
- CountyHorry
- Subdivision N/A
Overview
Full service, local and profitable casual fine dining restaurant Popular with both locals and tourists Turn key operation open for dinner with experienced staff Conveniently located in Myrtle Beach close to both residential and hotels Solid history of profitability with clean books Seating for 100+ Private Dining Room popular for both business meetings and customer celebrations Below market lease with additional option to renew Onsite parking lot Updated dcor, well maintained and clean. Additional opportunity for growth by extending hours to add lunch/brunch open 7 days a week, or add catering. Sellers want to retire and pursue other interests. They will do some owner financing. Here is a chance to take over a very successful restaurant with proven cash flow and start making money immediately. Hurry to take advantage of the summer rush.
Sale Info
Listing Date: 05-09-2019
Sold Date: 11-01-2019
Aprox Days on Market: 
5 month(s), 22 day(s)
Listing Sold: 
4 Year(s), 11 month(s), 2 day(s) ago
Asking Price: $400,000
Selling Price: $275,000
Price Difference:
Reduced By $70,000
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
Bathroom Info
Building Info
New Construction: No
Num Stories: 1
Levels: One
Mobile Home Remains: ,No,
Zoning: hc
Buyer Compensation
Exterior Features
Spa: No
Financial
Lease Renewal Option: ,No,
Garage / Parking
Garage: No
Carport: No
Open Parking: No
Attached Garage: No
Interior Features
Fireplace: No
Furnished: Unfurnished
Lot Info
Lease Considered: ,No,
Lease Assignable: ,No,
Acres: 0.10
Land Lease: No
Misc
Pool Private: No
Offer Compensation
Property Info
County: Horry
Current Use: Restaurant
View: No
Number of Units Total: 1
Senior Community: No
Stipulation of Sale: None
Habitable Residence: ,No,
Property Sub Type Additional: Retail
Property Attached: No
Rent Control: No
Room Info
Basement: ,No,
Sold Info
Sold Date: 2019-11-01T00:00:00
Sqft Info
Tax Info
Tax Legal Description: Pine Lake Subd.
Unit Info
Utilities / Hvac
Electric On Property: No
Cooling: No
Heating: No
Waterfront / Water
Waterfront: No
Courtesy of Tradd Commercial, Llc