Office Suite with Private
For Sale
Contact for pricing
2001 Ocean Blvd. S, Myrtle Beach, SC 29577
A coffee bar with a water line and two private restrooms are part of the existing interior buildout.
Property Size2,200 SF
Price / SF$1.14
Days on Market30
Property Features for 2001 Ocean Blvd. S
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Office
Zoning
MU-H
Listing Agency:
Epique Realty
Listed By:
Rick Stroud · License #112277
(864) 479-1189
Source:
Greathomessc
Added: Sep 30
Changed: Oct 28
Last Checked: Oct 28 at 4:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Epique Realty
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Investment Insights
Based on property information with market context.
Inside the Bluewater Resort high-rise, this approximately 2,200-square-foot office unit has a reception area, tiled lobby, coffee bar with a water line, several private offices, and an open bullpen/work area. Two private restrooms are also included. The existing layout has served as professional office space, and the property is zoned MU-H (Mixed Use High Density). The building is oceanfront in Myrtle Beach, at 2001 Ocean Blvd. S.
Access to a third-floor event space with ocean views may be negotiable. The proposed all-inclusive rental structure covers property taxes, building insurance, maintenance, electricity, and water.
Access to a third-floor event space with ocean views may be negotiable. The proposed all-inclusive rental structure covers property taxes, building insurance, maintenance, electricity, and water.
Key Highlights
- Approximately 2,200 square feet within the Bluewater Resort high‑rise
- Office layout includes reception, multiple private offices, and an open bullpen/work area
- Coffee bar has an existing water line; two private restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,928
Suggested Prices Based on Cap Rates
Cap Rate 5%
$538,560
$538.6K
Cap Rate 7%
$384,686
$384.7K
Cap Rate 9%
$299,200
$299.2K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$42.2K $19.20/SF
− Vacancy
−$6.3K −$2.88/SF
EGI
$35.9K $16.32/SF
− OpEx
−$9.0K −$4.08/SF
NOI
$26.9K $12.24/SF
Area
Horry County, SC
Vacancy
15.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$538,560
Cap Rate 7%
$384,686
Cap Rate 9%
$299,200
Alternative Uses
Best Use
Retail
$458.2K
$400.9K – $534.5K
NOI $32,072 @ 7.0% cap · market cap 1,282.88%
Second Best
Office B
$384.7K
$336.6K – $448.8K
NOI $26,928 @ 7.0% cap · market cap 1,077.12%
Theoretical Best
Office A
$557.6K
$487.9K – $650.5K
NOI $39,030 @ 7.0% cap · market cap 1,561.20%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
486
Businesses Nearby
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Business Placement
Demographics for 29577, SC
34,109
Population
22,630
Households
1.5
Avg Household Size
48
Median Age
30%
College-Educated
91%
High-School Grad
22.8 sq mi
ZIP Area
1,496
Density / Sq Mi
$48,561
Median Household Income
$33,591
Median Earnings
$1,130
Median Rent
$273,700
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A coffee bar with a water line and two private restrooms are part of the existing interior buildout.
Where is this office unit located?
The property is located at 2001 Ocean Blvd. S Myrtle Beach, SC.
What are key features of this property?
This property features: Approximately 2,200 square feet within the Bluewater Resort high‑rise; Office layout includes reception, multiple private offices, and an open bullpen/work area; Coffee bar has an existing water line; two private restrooms
