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Highway 501 Commercial Asset
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4580 W Highway 501, Conway, SC 29526

High-visibility commercial property with diverse income streams on 1.13 acres.

Property SizeContact for details
Lot Size1.13 Acres
Days on Market194

Property Features for 4580 W Highway 501

General Information

Standard status Active
Lot size 1.13 Acres
Property subtype Office

Building Details

Year Built 1980
Listing Agency: TMS Property Management & Real
Listed By: Tina Schildt · License #42949
Source: Crexi
Added: Feb 10 Changed: Aug 21 Last Checked: Aug 23 at 6:06AM

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 TMS Property Management & Real

Investment Insights

Based on property information with market context.

This 1.13-acre commercial property is located on a corner lot along Highway 501, serving as a gateway between Conway and Myrtle Beach. The site includes a convenience and gas store with fuel tanks that have passed DHEC inspection. Additional on-site structures include a barbershop, a produce stand, and a residential duplex. The existing leases are month-to-month, providing flexibility for renegotiation or redevelopment. The location is in a high-demand market, suitable for a turnkey investment or a new franchise or retail center. The property offers frontage and diverse income potential.

Key Highlights

  • Prime corner lot location on high‑traffic Highway 501.
  • Multi‑stream income from established convenience store/gas station, barbershop, produce stand, and residential duplex.
  • Fuel tanks recently passed DHEC inspection.

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Building Supply Auto Repair Shop Grocery & Convenience Store Barber Shop Kitchen & Bath Showroom Food Market

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

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby
Well-served
Demand for This Use

Demographics for 29526, SC

51,403
Population
20,301
Households
2.5
Avg Household Size
40
Median Age
23%
College-Educated
89%
High-School Grad
175.0 sq mi
ZIP Area
294
Density / Sq Mi
$66,490
Median Household Income
$28,341
Median Earnings
$943
Median Rent
$232,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - High-visibility commercial property with diverse income streams on 1.13 acres.
Where is this grocery and convenience store located?
The property is located at 4580 W Highway 501 Conway, SC.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Prime corner lot location on high‑traffic Highway 501.; Multi‑stream income from established convenience store/gas station, barbershop, produce stand, and residential duplex.; Fuel tanks recently passed DHEC inspection.
(843) 839-4093 Call to check price and availability
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