Commercial > Hospitality
Active
10/23/2022
List Price
$2,700,900$265/ft²
5301 Kings Hwy
Myrtle Beach, SC 29575
- -Bed
- -Bath
- 10,200ft²Living Area
- 0.9acLot Size
- -Pool
- -Car
- 1983Year Built
- 727DOM
- -Permit
5301 Kings Hwy, Myrtle Beach, SC 29575 is a 10,200 ft² commercial hospitality property property built in 1983 on a 0.900 acre lot. This commercial hospitality property is currently on the market for $2,700,900, and it was last sold in 2013 for $630,000.
MLS Description
The listing agent's description. Original Listing
The land is 1.18 acres and the building is over 8,000 square feet. It's a BARGAIN at this price. That's right, that sale includes the land and the building. BECAUSE OF IT'S SIZE AND LOCATION, the property is not only ideal for its existing use, but also can be easily converted to accommodate other businesses, such as an esoteric hotel, bed and breakfast, or perhaps retail shops on the ground floor with apartments on the top floor. THE EXISTING USE OF THE PROPERTY is that of a massive restaurant with over 8,000 square feet of dining space, with an apartment and a private office on the second floor. THIS BUILDING HAS UNDERGONE VARIOUS STAGES OF UPDATES since this owner has owned the building, including the addition of a sprinkler system. The potential is tremendous for an astute business person. The location is an excellent draw for consumers in Myrtle Beach and Surfside Beach. And, because of where this is located, taxes are low. Enjoy the business advantages this property has to offer. THIS IS A GREAT BARGAIN !!!
Listing Agents
The listing agent for 5301 Kings Hwy is Eva Rigney.
ER
Eva Rigney
The MB Real Estate Store LLC
Phone: (843) 455-6616
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$11,824.28From latest Total Assessed Value13.58%Total Assessed Value$87,096=Land+
Assessed Value$21,954Additions
Assessed Value$65,142
In 2021, taxes billed for 5301 Kings Hwy were $11,824.28, which is 13.58% from latest Total Assessed Value of $87,096.
Property History
5301 Kings Hwy has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 5301 Kings Hwy
Hazard Risks
Hurricane453Weather270Earthquake191Particulates160Wind130Carb Mono107Nat'l Avg100Air Pollution100Ozone98Tornado82Hail65Lead45
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 5301 Kings Hwy.
Walkability Index
10 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
5301 Kings Hwy has a walkability score of 10 out of 20, which means that it is in a somewhat walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
37°F
High
59°F
Summer
Average
Low
70°F
High
87°F
In the winter at 5301 Kings Hwy, temperatures range from 37.38°F to 58.53°F with an average of 47.96°F. In the summer, the temperature ranges from 69.88°F to 87.32°F with and average of 78.6°F.
School Information
Public/private schools serving 5301 Kings Hwy
Public Schools
Socastee High School
Grades: 9-12
4.15 mi
B
Lakewood Elementary School
Grades: PK-5
0.69 mi
Forestbrook Middle School
Grades: 6-8
5.72 mi
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 5301 Kings Hwy have ratings undefined, undefined, and undefined.
Neighborhood
This property is located in 29575.
Seasonal Housing units 29575
76%of housing is for seasonal rent.
Daytime Population for 29575
+2%of people during work hours.
Boundary map of 29575.
Crime Index for 29575
103
103
The crime index in 29575 is 103, which is 1.0 times higher than national average.
Market Trends
Historical market data near 5301 Kings Hwy over selected time period.
Nearby Properties on Kings Hwy
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- 5905 S Kings Hwy # 4105, Myrtle Beach, SC 29575 is a 536 square foot, 1 bedroom, 1 bathroom, 0.01 acre property. It was built in 1985 and has an estimate of $93,700 with a price per ft² of $175.
- 5905 S Kings Hwy # 4110, Myrtle Beach, SC 29575 is a 736 square foot, 2 bedroom, 2 bathroom, 0.02 acre property. It was built in 1985 and has an estimate of $122,300 with a price per ft² of $166.
- 5905 S Kings Hwy # 421-B, Myrtle Beach, SC 29575 is a 968 square foot, 2 bedroom, 2 bathroom, 0.36 acre property. It was built in 1983 and has an estimate of $196,300 with a price per ft² of $203.
- 5905 S Kings Hwy # 512-C, Myrtle Beach, SC 29575 is a 908 square foot, 2 bedroom, 2 bathroom, 0.33 acre property. It was built in 1985 and has an estimate of $206,700 with a price per ft² of $228.
- 5905 S Kings Hwy # 5308, Myrtle Beach, SC 29575 is a 736 square foot, 2 bedroom, 2 bathroom, 0.18 acre property. It was built in 1985 and has an estimate of $116,000 with a price per ft² of $158.
- 5905 S Kings Hwy # 606-C, Myrtle Beach, SC 29575 is a 407 square foot, 1 bedroom, 1 bathroom, 0.33 acre property. It was built in 1985 and has an estimate of $126,200 with a price per ft² of $310.
- 5905 S Kings Hwy # 6221, Myrtle Beach, SC 29575 is a 536 square foot, 1 bedroom, 1 bathroom, 0.01 acre property. It was built in 1986 and has an estimate of $97,980 with a price per ft² of $183.
- 5905 S Kings Hwy # 6312, Myrtle Beach, SC 29575 is a 736 square foot, 2 bedroom, 2 bathroom, 0.02 acre property. It was built in 1986 and has an estimate of $138,200 with a price per ft² of $188.
- 5905 S Kings Hwy # 704-C, Myrtle Beach, SC 29575 is a 548 square foot, 2 bedroom, 1 bathroom, 0.33 acre property. It was built in 1985 and has an estimate of $155,000 with a price per ft² of $283.
- 5913 N Kings Hwy, Myrtle Beach, SC 29577 (Pine Lakes) is a 3,200 square foot and 0.04 acre property. It was built in 1981 and has an estimate of $306,178 with a price per ft² of $96.
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- 5905 S Kings Hwy # a-445, Myrtle Beach, SC 29575 is a 996 square foot, 2 bedroom, 2 bathroom, 0.02 acre property. It was built in 1982 and has an estimate of $205,400 with a price per ft² of $206.
- 1031 N Kings Hwy # 7-2, Myrtle Beach, SC 29577 (Fairways At River Oaks) is a 606 square foot, 1 bedroom, 2.25 bathroom, 0.01 acre property. It was built in 1999 and has an estimate of $138,200 with a price per ft² of $228.
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- 4505 N Kings Hwy #Apt A2, Myrtle Beach, SC 29577 (Pinelake Townes) is a 1,024 square foot, 2 bedroom, 2.25 bathroom, 0.03 acre property. It was built in 1975 and has an estimate of $163,694 with a price per ft² of $160.
- 4505 N Kings Hwy #Apt A4, Myrtle Beach, SC 29577 (Pinelake Townes) is a 1,024 square foot, 2 bedroom, 2.25 bathroom, 0.03 acre property. It was built in 1975 and has an estimate of $163,694 with a price per ft² of $160.
- 4505 N Kings Hwy #Apt D6, Myrtle Beach, SC 29577 (Pinelake Townes) is a 1,024 square foot, 2 bedroom, 2.25 bathroom, 0.02 acre property. It was built in 1975 and has an estimate of $143,000 with a price per ft² of $140.
- 4505 N Kings Hwy #Apt D9, Myrtle Beach, SC 29577 (Pinelake Townes) is a 1,024 square foot, 2 bedroom, 2.25 bathroom, 0.02 acre property. It was built in 1975 and has an estimate of $163,694 with a price per ft² of $160.
- 5315 N Kings Hwy, Myrtle Beach, SC 29577 is a 1,320 square foot, 3 bedroom, 2 bathroom, 0.03 acre property. It was built in 1984 and has an estimate of $496,337 with a price per ft² of $376.
- 4701 N Kings Hwy #Apt 23, Myrtle Beach, SC 29577 is a 1,296 square foot, 2 bedroom, 2.25 bathroom, 0.03 acre property. It was built in 1976 and has an estimate of $200,304 with a price per ft² of $155.
- 4701 N Kings Hwy #Apt 32, Myrtle Beach, SC 29577 is a 1,296 square foot, 2 bedroom, 2.25 bathroom, 0.03 acre property. It was built in 1976 and has an estimate of $190,760 with a price per ft² of $147.
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