Bought with Tradd Commercial
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1725 Highway 17 Business Surfside Beach, SC 29575
SOLD DATE : 08/18/2023Want to know what your home might be worth? Contact us for a FREE valuation!

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Key Details
Sold Price $4,200,000
Property Type Commercial
Sub Type Hotel/ Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 29,000 sqft
Price per Sqft $144
MLS Listing ID 2310159
Sold Date 08/18/23
HOA Y/N No
Lot Size 1.970 Acres
Acres 1.97
Property Sub-Type Hotel/ Motel
Source CCAR
Property Description
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 Meyer's Ice Cream Parlor, Omega Pancake House, Subway, Pirate's Table Calabash Seafood Buffet, Spencerz Sports Bar, Wal-Mart Neighborhood Market, McDonald's, and Popeye's 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 Beach's 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..
Location
State SC
County Horry
Area 29A Surfside Beach--East Of 17 & North Of Surfside
Zoning HC
Interior
Fireplace No
Exterior
Present Use Hotel/Motel
Building
Entry Level Three Or More
Level or Stories Three Or More
Others
Senior Community No
Tax ID 45911040063
Financing Cash
Special Listing Condition None
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