1725 Highway 17 Business, Surfside Beach, SC 29575
Listed by Adam Cates • Tradd Commercial
Bought with Tradd Commercial
$4,200,000
$3,500,000
20.0%
Est.Price: ?

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29,000 SqFt

1725 Highway 17 Business Surfside Beach, SC 29575

SOLD DATE : 08/18/2023

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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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Epique Realty

Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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