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Restaurant Property with Highway Frontage

801 Hwy 17 S North Myrtle Beach, SC 29582

801 Hwy 17 S, North Myrtle Beach, SC, 29582
$2,500,000
For Sale
Claim this Listing
$2,500,000

COMMERCIAL - North Myrtle Beach, SC

Property Size7,254 SF
Lot Size1.75 Acres
Price / SF$344.64
AddedMay 15
Days on Market62
Last RefreshJul 15 at 4:06 am

Property Features for 801 Hwy 17 S

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
HC
Security features
Security System
Exterior features
Security System, Sprinkler System, Fire Alarm, Machinery Included, Fixtures/Furniture, Office(s), Reception Area, Kitchen Facility, Restrooms - Public, Restrooms - Private, Display Windows, Sign, Inside Storage
Standard status
Active
Size
7,254 SF
Lot size
1.75 Acres

Building Details

Floors in Building
1
Number of units
1
Additional Structures
Storage

Listing agent Eleonora Nora Rumbaugh License #115323

Listing office Realty ONE Group Dockside Myrtle Beach, SC

Listing date May 15, 2026

MLS# 2612613

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.


Investment Insights

Based on property information with market context.

This restaurant property is offered with a large, fully equipped interior built to support high-volume service. The space includes an expansive dining room, an oversized bar area, and a substantial commercial kitchen designed for large quantities. Seating is described for approximately 231 guests, along with 114 parking spaces, and the property also features a spacious outdoor patio with a fireplace for live entertainment, outdoor dining, and special events.

The site is located east of Highway 17 on approximately 1.75 acres with 185 feet of frontage on Highway 17. Public remarks cite visibility to an estimated 45,300 vehicles per day, with the property stated as less than half a mile from Main Street and under three-quarters of a mile to Ocean Boulevard and the beach.

Per the City of NMB, the lot may have potential to accommodate a second build, possibly including an office building, storage units, a nitso, or a small retail center. The property is zoned HC.

Key Highlights

  • Approximately 7,000 SF restaurant building on about 1.75 acres east of Highway 17
  • 185 ft of frontage on the highly traveled Highway 17 with approx. 45,300 vehicles per day
  • Seats approximately 231 guests with 114 parking spots

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 $163.7k $22.56
− Vacancy −$4.1k −$0.56
EGI $159.6k $22.00
− OpEx −$39.9k −$5.50
NOI $119.7k $16.50
7,254 SF · lease $22.56/SF/yr · vacancy 2.50% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$1.71M
$1.50M – $1.99M (±1% cap)
NOI $119,669 @ 7.0% cap · market cap 4.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.84M
$1.61M – $2.14M (±1% cap)
NOI $128,692 @ 7.0% cap · market cap 5.15%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Kings Sushi (North ... Restaurant Discount Tire (Bike/Boat/Book/etc) Store

Suggested Use

Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop Tanning Salon Kitchen & Bath Showroom Fish Market Clothing & Fashion Store Plumbing Service (Bike/Boat/Book/etc) Store

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

Similar Off Market Nearby

  • Preston's Seafood & Country Buffet — 4530 Hwy 17 S, North Myrtle Beach, SC 29582

FAQs

What type of property is this?
Conventional restaurant - Restaurant property with 185 feet of Highway 17 frontage, outdoor patio with fireplace, seating for about 231, and 114 parking spaces.
Where is this conventional restaurant located?
The property is located at 801 Hwy 17 S North Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Approximately 7,000 SF restaurant building on about 1.75 acres east of Highway 17; 185 ft of frontage on the highly traveled Highway 17 with approx. 45,300 vehicles per day; Seats approximately 231 guests with 114 parking spots
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