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Listed by Adam R Cates • Tradd Commercial
$5,300,000
12,135 SqFt
Active
1650 Church St. #1652 Church St. Conway, SC 29526
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 12,135 sqft
Price per Sqft $436
MLS Listing ID 2404291
HOA Y/N No
Lot Size 2.940 Acres
Acres 2.94
Property Sub-Type Retail
Source CCAR
Property Description
Celebration Square is is a 12,135 square foot retail-restaurant duplex located at the signalized corner of Church Street/Highway 501 and Mill Pond Road in Conway. Custom built in 2021, this property is divided into two restaurant units; McAlister's Deli and a 350-seat former steakhouse. Each unit is equipped with a drive-thru, allowing for concept flexibility. Triple-lane ingress/egress from Church Street/501 and double lane ingress/egress on Mill Pond Road provide an ease of flow at this high traffic intersection. McAlister's Deli occupied the property in 2021 and signed a 15 year lease. FF&E may be acquired separately. Subject property is located at the corner of Church Street/Highway 501, one of the Grand Strand's major traffic arteries, and Mill Pond Road, secondary thoroughfare that serves as an interior beltway around Conway's Central Business District. This submarket has experienced stability due to it being the hub of county government services, industry, and higher education in Horry County. Conway has seen annual growth rate of 5.96% and has grown 22.9% since the 2020 census. Master-planned developments located off Highways 701 & 378(with connectivity via Mill Pond Road) will add an additional 3,200+ units to Conway by 2030.
Location
State SC
County Horry
Area 21A Conway Central Between 501 & 701 / North Of 501
Zoning HC
Interior
Fireplace No
Exterior
Present Use Restaurant
Total Parking Spaces 83
Building
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 33810010002
Special Listing Condition None
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