$3,500,000 | N/A beds | N/A full baths | N/A half baths | 29,000 sqft

$4,200,000
1725 Highway 17 Business
Surfside Beach, SC 29575
  • HCZoning
  • 29,000SqFt
  • 88Units
  • N/ASale/Rent
  • N/AWet Lands
  • 1.97Acres
  • MLS# 2310159
  • Commercial
  • HotelMotel
  • Sold

  • Approx Time on Market2 months, 25 days
  • AreaSurfside Beach--East of 17 & North of Surfside Drive
  • CountyHorry
  • SubdivisionN/A

Overview

Subject property is a three(3) building motel complex on a 1.96 acre parcel in Surfside Beach, South Carolina. This property is comprised of 88 units, both long and short term rental, at the front of Ocean Lakes Campground. The parcel offers 427 frontage with two(2) pilon signage opportunties. This property is equipped with a pool. The Surfside Beach oceanfront is located within a 3 minute drive, and nearby amenities and restaurants include Meyers Ice Cream Parlor, Omega Pancake House, Subway, Pirates Table Calabash Seafood Buffet, Spencerz Sports Bar, Wal-Mart Neighborhood Market, McDonalds, and Popeyes Chicken. This property is located in front of Ocean Lakes Campground, a 310 acre oceanfront resort development. Ocean Lakes features 859 campsites and 2,572 annual lease sites on nearly 1 mile of oceanfront. It is the largest campground on the East Coast, and employs 700+ people at the peak of the season. This resort is located at the intersection of Highway 544 and Highway 17 Business. Surfside Beach is the lone incorporated municipality of the Myrtle Beachs South Strand submarket. Opportunities to build additional competing product will be limited, as land is scarce along Highway 17 and oceanfront development is dominated by short term rental beach house developments..


Sale Info

Listing Date: 05-23-2023

Sold Date: 08-18-2023

Aprox Days on Market: 
    2 month(s), 25 day(s)

Listing Sold: 
    10 month(s), 10 day(s) ago

Asking Price: $3,500,000

Selling Price: $4,200,000

Price Difference: 
Increase $700,000

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:  3

Levels:  ThreeOrMore

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

Lot Info

Lease Considered:  ,No,

Lease Assignable:  ,No,

Acres:  1.97

Land Lease:  No

Misc

Pool Private:  No

Offer Compensation

Property Info

County:  Horry

Current Use:  HotelMotel

View:  No

Number of Units Total:  88

Senior Community:  No

Stipulation of Sale:  None

Habitable Residence:  ,No,

Property Attached:  No

Rent Control:  No

Room Info

Basement:  ,No,

Sold Info

Sold Date:  2023-08-18T00:00:00

Sqft Info

Sqft:  29000

Tax Info

Unit Info

Utilities / Hvac

Electric On Property:  No

Cooling:  No

Heating:  No

Waterfront / Water

Waterfront:  No

Courtesy of Tradd Commercial 

Mortgage Calculator

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On tm-07.myrsoldev3.com since Tue, May 23rd 2023
No Property History recorded for this listing.

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