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Mixed-Use Townhome with Commercial Space

2798 Howard Ave., Myrtle Beach, SC 29577

For Sale
$639,000

COMMERCIAL/INDUSTRIAL, Myrtle Beach, SC

Property Size2,018 SF
Lot Size0.03 Acres
Price / SF$316.65
Days on Market20

Property Features for 2798 Howard Ave.

General Information

Property type Commercial Sale
Property subtype Retail
Zoning Mixed Use
Exterior features Fire Alarm, Fire Walls, Kitchen Facility, Living Quarters, Restrooms - Private, Restrooms - Public, Sellers Disclosure, Sprinkler System
Subdivision The Market Common
Standard status Active
Size 2,018 SF
Lot size 0.03 Acres

Additional Details

Mixed-Use Components commercial, residential

Amenities

gourmet kitchen
granite countertops
stainless steel appliances
waterfall island
fenced backyard
updated luxury ensuite
walk-in shower

Building Details

Floors in Building 3
Number of units 1
Buildings 1
Listing Agency: Century 21 Barefoot Realty · Century 21 Real Estate
Listed By: The Mills Group Team · License SC #17587
Added: Oct 23 Changed: Oct 29 Last Checked: Nov 11 at 1:06PM
MLS# 2625958

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This mixed-use townhome contains 2,018 square feet on a 0.03-acre lot. A commercial or flex area occupies the first floor and includes a private bathroom, natural light, and direct frontage on Howard Avenue. The upper residence has three bedrooms and four bathrooms overall, with two full baths on the third floor. Its kitchen features granite counters, stainless steel appliances, ample cabinetry, and a waterfall island with bar seating. A fenced backyard provides outdoor space.

The property is in the Market Common area of Myrtle Beach, with dining, retail, coffee shops, parks, entertainment, and community events nearby. The Atlantic Ocean is less than a mile away. Zoning is Mixed Use.

Key Highlights

  • 2,018‑square‑foot mixed‑use townhome on a 0.03‑acre lot
  • First‑floor commercial/flex area has a private bathroom and direct Howard Avenue frontage
  • Three‑bedroom, four‑bathroom residence, with two full baths on the third floor

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,419
Cap Rate
4.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$588,380 $588.4K
Cap Rate 7%
$420,271 $420.3K
Cap Rate 9%
$326,878 $326.9K
Market Conditions
NOI Build-Up for 2,018 SF
Gross rent
$43.1K $21.36/SF
− Vacancy
−$1.1K −$0.53/SF
EGI
$42.0K $20.83/SF
− OpEx
−$12.6K −$6.25/SF
NOI
$29.4K $14.58/SF
Area
Horry County, SC
Vacancy
2.50%
Lease Rate
$21.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$588,380
Cap Rate 7%
$420,271
Cap Rate 9%
$326,878

Alternative Uses

Best Use
Retail
$420.3K
$367.7K – $490.3K (±1% cap)
NOI $29,419 @ 7.0% cap · market cap 4.60%
Second Best
Mixed Use
$365.8K
$320.1K – $426.8K (±1% cap)
NOI $25,608 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$511.4K
$447.5K – $596.7K (±1% cap)
NOI $35,801 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

About Emma Physician Student American International Volunteer Organization The Son of a Barber Barber Shop Anaptyx Telecommunications Service Citadel Insurance Brokers Insurance Agency

Suggested Use

Top Pick Dental Office Law Firm Auto Repair Shop Electrical Service Building Supply (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

498
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Street-facing ground-floor flex space sits beneath a three-bedroom residence with a fenced backyard.
Where is this mixed-use property located?
The property is located at 2798 Howard Ave. Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: 2,018‑square‑foot mixed‑use townhome on a 0.03‑acre lot; First‑floor commercial/flex area has a private bathroom and direct Howard Avenue frontage; Three‑bedroom, four‑bathroom residence, with two full baths on the third floor
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