Myrtle Beach, SC 29577
- commercialZoning
- 11,250SqFt
- 1Units
- N/ASale/Rent
- N/AWet Lands
- 0.62Acres
- MLS# 2200923
- Commercial
- Business
- Sold
- Approx Time on Market9 months, 18 days
- AreaMyrtle Beach Area--Southern Limit To 10th Ave N
- CountyHorry
- SubdivisionN/A
Overview
This sale is for the business only. The seller leases the building, which the new buyer may continue. This is an opportunity to own and operate a popular restaurant and bar that has been in business for 37 years with very loyal clientele. The Locals Corner Restaurant & Bar is well equipped with everything you need, and most of the equipment is less than one year old. The business occupies two separate spaces, each with its own exterior entrance. There are a minimum of 27 parking spots for the business, and additional space for overflow parking. All of the kitchen equipment, inventory, tables, chairs and booths in the restaurant convey to the buyer. Likewise, in the bar area, all bar equipment, inventory, bar stools, tables and chairs convey. The pay-to-play billiards table, electronic dart board and juke box are leased by the owner on a 50/50 split of their proceeds. The location at 811 Seaboard St., with 94 feet of road frontage, is a great location to grow your business. The restaurant is currently open for breakfast and lunch. You can Google the business to learn more details. Financials will be shared by the owner with serious and well qualified buyers.
Sale Info
Listing Date: 01-14-2022
Sold Date: 11-02-2022
Aprox Days on Market:
9 month(s), 18 day(s)
Listing Sold:
1 Year(s), 6 month(s), 8 day(s) ago
Asking Price: $219,900
Selling Price: $117,000
Price Difference:
Reduced By $8,000
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: 1
Levels: One
Mobile Home Remains: ,No,
Zoning: commercial
Building Features: KitchenFacilities, PrivateRestrooms, PoleSign
Buyer Compensation
Exterior Features
Spa: No
Financial
Lease Renewal Option: ,No,
Lease Term: Item36Months
Business Name: Locals Corner Restaurant & Bar
Garage / Parking
Parking Capacity: 29
Garage: No
Carport: No
Open Parking: No
Attached Garage: No
Interior Features
Fireplace: No
Furnished: Unfurnished
Interior Features: Storage
Lot Info
Lease Considered: ,No,
Lease Assignable: ,No,
Acres: 0.62
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: Business
Property Attached: No
Rent Control: No
Number of Buildings: 1
Room Info
Basement: ,No,
Sold Info
Sold Date: 2022-11-02T00:00:00
Sqft Info
Sqft: 11250
Tax Info
Unit Info
Utilities / Hvac
Electric On Property: No
Cooling: No
Sewer: PublicSewer
Heating: No
Waterfront / Water
Waterfront: No
Directions
From Robert M. Grissom Pkwy, turn and drive west on Executive Ave. The business is directly across Seaboard St at the intersection of Executive Ave and Seaboard St. Alternatively, you can turn off of Harrelson Blvd or US-501 onto Seaboard St. and stay on Seaboard St to the location. From Harrelson, it is on the left. From US-501, it will be on the right.Courtesy of Century 21 Broadhurst & Associ
MLS# 2405438 
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