Coastal Commercial Property Near
3612 S Ocean Blvd, North Myrtle Beach, SC 29582
Turnkey commercial property near the ocean in North Myrtle Beach.
Type:Retail
Property size:
3,600 SFPrice / SF:
$327/SF- Added:
- Feb 13, 2026
- Days on Market:
- 92
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 3612 S Ocean Blvd
General Information
- Standard status
- Active
- Size
- 3,600 SF
- Property subtype
- Retail
Listing agent Chance Leith License #SC
Listing office Beach & Forest Realty
Listing date Feb 13, 2026
Source Crexi
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 Beach & Forest Realty
HighLights
- Prime location: Second row from the Atlantic Ocean in the desirable Windy Hill section of North Myrtle Beach.
- Turnkey opportunity: Currently equipped as a pizza parlor, ice cream shop, and general store with a full commercial kitchen and FF&E negotiable.
- High income potential: High‑visibility, high‑traffic coastal asset in a heavily traveled beach corridor.
- Flexible layout: Two separate entrances allow for demising into two units for multiple revenue streams.
- Valuable infrastructure: Includes two walk‑in coolers/freezers, ample storage, and restrooms already in place.
- Vacant and ready: Available to reopen for the spring season, allowing investors to capitalize on peak tourism demand.
Overview
This approximately 3,600 square foot commercial property is located in the Windy Hill section of North Myrtle Beach, positioned just second row from the Atlantic. The property is equipped for immediate food and beverage or retail use. Currently operating as a pizza parlor, ice cream shop, and general store, the building features a full commercial kitchen, two walk-in coolers/freezers, ample storage, and restrooms. The layout includes two separate entrances, allowing the space to be easily divided into two units. The furniture, fixtures, and equipment (FF&E) are negotiable. The property is currently vacant but positioned to reopen for the spring season.
Financial Insights
Value Estimation Calculated for Specialty Retail
Conservative
$659.9K
NOI $59,389 @ 9.00% cap · cautious / downside scenario
Moderate
$848.4K
NOI $59,389 @ 7.00% cap · market / base-case scenario
Aggressive
$1.19M
NOI $59,389 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Specialty Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $81.2k | $22.56 |
| − Vacancy | −$2.0k | −$0.56 |
| EGI | $79.2k | $22.00 |
| − OpEx | −$19.8k | −$5.50 |
| NOI | $59.4k | $16.50 |
3,600 SF · lease $22.56/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Use Scenarios
Best Use
Specialty Retail
$848.4K
$742.4K – $989.8K
NOI $59,389 @ 7.0% cap · market cap 5.03%
Second Best
Retail
$749.7K
$656.0K – $874.7K
NOI $52,482 @ 7.0% cap · market cap 4.45%
Theoretical Best
Office A
$912.4K
$798.3K – $1.06M
NOI $63,867 @ 7.0% cap · market cap 5.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Bagel Dock Express ...
(Bike/Boat/Book/etc) Store
Nathan's Famous Hot ...
Restaurant
Seaside General Store ...
Grocery & Convenience Store
Sirens
Restaurant
Similar Places Nearby
- Clearwater Oyster Bar & Grill — 3001 Hwy 17 S, Atlantic Beach, SC 29582
Location Insight
- Map
- Local Demand
- City
- North Myrtle Beach
- County
- Horry
- State
- South Carolina
- Longitude
- -78.722151
- Latitude
- 33.7977103
Nearby Similar for Sale
FAQs
What type of property is this?
Grocery and convenience store - Turnkey commercial property near the ocean in North Myrtle Beach.
Where is this grocery and convenience store located?
The property is located at 3612 S Ocean Blvd North Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $1,180,000.
What are key features of this property?
This property features: Prime location: Second row from the Atlantic Ocean in the desirable Windy Hill section of North Myrtle Beach.; Turnkey opportunity: Currently equipped as a pizza parlor, ice cream shop, and general store with a full commercial kitchen and FF&E negotiable.; High income potential: High‑visibility, high‑traffic coastal asset in a heavily traveled beach corridor.
