Beachfront Properties
Listed by Beachfront Properties
$555,000
Broadway
Details
Property Type Mixed Use, Retail
Sub Type Bar, Restaurant
Square Footage 2,357
Net Rentable (SqFt) 2,357
Units 1
Cap Rate 5.41%
NOI $30,000
Tenancy Single
Lease Type Gross
Lease Term 1.7
Lease Expiration 11/30/2026
Remaining Term 0.5
Lease Options No
Price per SqFt $235
Broker Co-Op Yes
Year Built 1958
Year Renovated 2024
Buildings 1
Stories 1
Lot Size (SqFt) 2,500
Zoning C7
Parking Spaces spaces
Investment Type Owner/User
Lease Commencement 03/21/2025
Occupancy Date 11/30/2026
Ground Lease Yes
Great Opportunity in Myrtle Beach Arts and Innovation District Reduced
Marketing description
This is a Great Opportunity to own a Commercial building in the heart of Myrtle Beach. Building Only, Tenant in Place. Located in
Historical Broadway Street District and in the future Kings Highway Corridor, NEW Arts & Innovation District. 2357 Heated sq ft with a
Roll up door in the rear. Call me for more information.
Investment highlights
Market is increasing year over year
Listing Contacts
Beachfront Properties
Listed by Beachfront Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$30,000.00
$2,500.00/mo
Valuation Metrics
0
DSCR
5.41%
Cap Rate
5.41%
ROI
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