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    Renovated Mixed-Use Restaurant Property Title is generated by Realmo AI

    4378 N Highway 17 Bypass, Murrells Inlet, SC 29576

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    For Sale
    $1,249,999

    COMMERCIAL - Murrells Inlet, SC

    Property size:
    5,078 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $246/SF
    Added:
    Jun 26, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 27 at 12:06 pm

    Property Features for 4378 N Highway 17 Bypass

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Standard status
    Active
    Size
    5,078 SF
    Lot size
    0.13 Acres

    Building Details

    Number of units
    1

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    Houser & Co. Team

    Listing agent Houser & Co. Team

    Listing office CENTURY 21 Broadhurst Myrtle Beach, SC

    Listing date Jun 26, 2026

    MLS# 2616199

    Copyright © 2026 Coastal Carolina Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Restaurant space totals approx. 2,500 SF with spacious dining area, full‑service beer and wine bar, and commercial kitchen setup.
    • Property is on Highway 17 Business in Murrells Inlet, SC, with exposure to local and visitor traffic.
    • Renovations completed since previous sale; sale includes the building, business, and most equipment.
    • Additional approx. 900 SF commercial unit suited for retail, office, salon, or professional service use.
    • Includes an approx. 1,138 SF upstairs apartment or professional office space.
    • Mixed‑use setup offers multiple revenue streams with flexibility for owner use or rental income.

    Overview

    This renovated mixed-use commercial property includes a primary restaurant setup and two additional income-capable spaces. The restaurant portion is approximately 2,500 square feet and features a spacious dining area, a full-service beer and wine bar, and a commercial kitchen. The sale includes the building, business, and most equipment, creating a turnkey option for an operator. Additional space includes an approximately 900-square-foot commercial unit suitable for retail, office, salon, or professional service use, plus an approximately 1,138-square-foot upstairs apartment or professional office space.

    The property is located directly on Highway 17 Business and is positioned less than one-half mile from the Murrells Inlet MarshWalk. It is surrounded by established restaurants, retail businesses, and tourist attractions, providing a mix of local and visitor-focused activity.

    For buyers seeking a versatile configuration, the building supports multiple operating models, including owner occupancy, ongoing restaurant operations, or leasing the other spaces for complementary uses. As noted in the listing, the buyer is responsible for verifying all measurements, square footage, permitted uses, and any information deemed important.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $114.6k $22.56
    − Vacancy −$2.9k −$0.56
    EGI $111.7k $22.00
    − OpEx −$27.9k −$5.50
    NOI $83.8k $16.50
    5,078 SF · lease $22.56/SF/yr · vacancy 2.50% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.20M
    $1.05M – $1.40M (±1% cap)
    NOI $83,772 @ 7.0% cap · market cap 6.70%
    Second Best
    Retail
    $1.06M
    $925.4K – $1.23M (±1% cap)
    NOI $74,028 @ 7.0% cap · market cap 5.92%
    Theoretical Best
    Office A
    $1.29M
    $1.13M – $1.50M (±1% cap)
    NOI $90,088 @ 7.0% cap · market cap 7.21%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Murrells Inlet
    County
    Horry
    State
    South Carolina
    Longitude
    -79.020807
    Latitude
    33.599472

    FAQs

    What type of property is this?
    Conventional restaurant - Renovated mixed-use building with restaurant space and additional unit options for retail or office use along Highway 17 Business.
    Where is this conventional restaurant located?
    The property is located at 4378 N Highway 17 Bypass Murrells Inlet, SC.
    What is the asking price?
    The asking price for this property is $1,249,999.
    What are key features of this property?
    This property features: Restaurant space totals approx. 2,500 SF with spacious dining area, full‑service beer and wine bar, and commercial kitchen setup.; Property is on Highway 17 Business in Murrells Inlet, SC, with exposure to local and visitor traffic.; Renovations completed since previous sale; sale includes the building, business, and most equipment.
    More about this property
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