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Mixed-Use Property with Unfinished Interior
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5002 Watergate Dr., Myrtle Beach, SC 29588

Interior walls are open to the studs, allowing plumbing and electrical work for a customized residential or commercial configuration.

Property Size1,650 SF
Price / SF$130.30
Days on Market613

Property Features for 5002 Watergate Dr.

General Information

Standard status Active
Size 1,650 SF
Property subtype Industrial, Land

Property Condition

Severity Major Repairs Needed
Evidence unfinished walls down to the studs
Listing Agency: CENTURY 21 Barefoot Realty
Listed By: Kevin Mills · License #SC
Source: Crexi
Added: Feb 13, 2025 Changed: Oct 10 Last Checked: Oct 19 at 6:24AM

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 CENTURY 21 Barefoot Realty

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Investment Insights

Based on property information with market context.

Located at 5002 Watergate Dr. in Myrtle Beach, this mixed-use property presents an unfinished interior with walls exposed to the studs. The current condition provides access for plumbing and electrical work as the space is configured for its next use.

The property information identifies several possible directions, including a residential home, duplex, or commercial establishment. Market Commons shops and dining are within walking, biking, and golf-cart distance, placing the property near an established destination for retail and food service.

Key Highlights

  • 1,650 property size
  • Unfinished walls exposed to the studs
  • Access for plumbing and electrical work during renovation

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency (Bike/Boat/Book/etc) Store Accounting Firm Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

558
Businesses Nearby

Demographics for 29588, SC

48,113
Population
22,223
Households
2.2
Avg Household Size
45
Median Age
26%
College-Educated
92%
High-School Grad
42.0 sq mi
ZIP Area
1,146
Density / Sq Mi
$66,854
Median Household Income
$34,518
Median Earnings
$1,220
Median Rent
$241,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Interior walls are open to the studs, allowing plumbing and electrical work for a customized residential or commercial configuration.
Where is this mixed-use property located?
The property is located at 5002 Watergate Dr. Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 1,650 property size; Unfinished walls exposed to the studs; Access for plumbing and electrical work during renovation
More about this property
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