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Listed by Liat Edri • Realty ONE Group Dockside
$ 5,290,000
Est. payment /mo
Active
806 S Ocean Blvd. Myrtle Beach, SC 29577
22,442 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/ Motel
Listing Status Active
Purchase Type For Sale
Square Footage 22,442 sqft
Price per Sqft $235
MLS Listing ID 2507245
HOA Y/N No
Lot Size 0.830 Acres
Acres 0.83
Property Sub-Type Hotel/ Motel
Source CCAR
Property Description
Presenting a prime investment opportunity at 806 S. Ocean Blvd, Myrtle Beach, SC 29577. This 60-door hotel, constructed with durable concrete and steel, is situated on a prominent 0.83-acre corner lot at 9th Avenue South and Ocean Boulevard. Guests will appreciate the direct ocean views and the convenience of being just steps away from the beach. The property features an outdoor in-ground pool, a welcoming lobby area, ample parking, a commercial laundry facility, and multiple storage spaces. The sale encompasses all furniture and fixtures, ensuring a seamless transition for new ownership. Nearby Attractions: Family Kingdom Amusement Park: Directly across the street, this classic amusement park offers over 30 rides, including a wooden roller coaster and a log flume, providing entertainment for all ages. Myrtle Beach Boardwalk & Promenade: A short stroll north leads to this 1.2-mile oceanfront boardwalk, lined with shops, restaurants, and entertainment venues, offering stunning coastal views. Myrtle Beach SkyWheel: Located along the boardwalk, this 187-foot Ferris wheel features climate-controlled gondolas, offering panoramic vistas of the coastline. Ripley's Believe It or Not!: A museum showcasing a collection of oddities and interactive exhibits, perfect for curious visitors. Parks and Gardens: Brookgreen Gardens: Approximately 16 miles south, this National Historic Landmark combines art, nature, and history, featuring expansive sculpture gardens, wildlife exhibits, and walking trails. Myrtle Beach State Park: Located about 3 miles south, this park offers pristine beaches, maritime forests, and nature trails, ideal for picnicking, fishing, and camping. Shopping and Dining: Broadway at the Beach: A premier shopping and entertainment destination, offering a variety of specialty shops, restaurants, and attractions like Wonder Works and Ripley's Aquarium. The Market Common: An upscale shopping district featuring national retailers, boutique shops, and a diverse selection of dining options, from casual eateries to fine dining. Murrells Inlet Marsh Walk: A short drive south leads to this waterfront boardwalk, renowned for its fresh seafood restaurants, lively bars, and live music, all with stunning inlet views. The Grand Strand, encompassing Myrtle Beach and surrounding areas, boasts a over twelve billion economic impact from direct visitor spending, underscoring its status as a major tourism hub. Visitor Statistics: In 2016, Horry County welcomed approximately 20 million visitors, reflecting a steady increase in tourism over the years. Population Growth: The Myrtle Beach area has experienced rapid growth, with a 23% increase between 2020 and 2023. Privatley owned. No flag or franchise This property's prime location, coupled with Myrtle Beach's thriving tourism industry and economic growth, presents a compelling investment opportunity.
Location
State SC
County Horry
Area 16G Myrtle Beach Area--Southern Limit To 10Th Ave N
Zoning comm
Interior
Interior Features Storage
Fireplace No
Exterior
Amenities Available Storage
Present Use Hotel/Motel
Building
Entry Level Three Or More
Sewer Public Sewer
Level or Stories Three Or More
Others
Senior Community No
Tax ID 44311030054
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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