Marshfront Restaurant with
806 Sea Mountain Hwy North Myrtle Beach, SC 29582
806 Sea Mountain Hwy, North Myrtle Beach, SC, 29582
$2,295,000
For Sale
$2,295,000
Multi-floor restaurant with elevator, multiple kitchens, and outdoor deck space, set on marshfront with highway frontage.
Property Size7,261 SF
Lot Size0.80 Acres
Price / SF$316.07
Days on Market337
Property Features for 806 Sea Mountain Hwy
General Information
- Standard status
- Active
- Size
- 7,261 SF
- Lot size
- 0.80 Acres
Listing agency
Revenue Avenue
(843) 504-4192
Listed by
Terry Walden
(843) 504-4192
Source
Exprealty
Added: Aug 21, 2025 Updated: Jul 22 at 4:09PM Checked: Jul 22 at 4:09PM
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 Revenue Avenue
Investment Insights
Based on property information with market context.
This restaurant property is set up across two floors and includes an elevator for guest and staff access. Interior amenities feature three bars, two kitchens, and two stone ovens. An entertainment floor with a stage supports on-site events, and the building is equipped with a fire/sprinkler system. Outdoor signage includes a digital board described as fully automated, and the property also offers substantial deck areas.
The offering includes approximately 0.8 acres with approximately 154 +/- feet of highway frontage. The site is described as marshfront and located close to beach and tourism.
The restaurant space is listed as 7,260 +/- square feet, with an additional 3,000 square feet of deck areas, providing indoor and outdoor capacity for dining and entertainment use.
The offering includes approximately 0.8 acres with approximately 154 +/- feet of highway frontage. The site is described as marshfront and located close to beach and tourism.
The restaurant space is listed as 7,260 +/- square feet, with an additional 3,000 square feet of deck areas, providing indoor and outdoor capacity for dining and entertainment use.
Key Highlights
- 0.8‑acre restaurant property with 154 +/- SF highway frontage in Cherry Grove
- 7,260 +/- SF restaurant space plus about 3,000 SF of additional outdoor deck areas
- Marshfront setting near beach and tourism
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $163.8k | $22.56 |
| − Vacancy | −$4.1k | −$0.56 |
| EGI | $159.7k | $22.00 |
| − OpEx | −$39.9k | −$5.50 |
| NOI | $119.8k | $16.50 |
7,261 SF · lease $22.56/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.71M
$1.50M – $2.00M
NOI $119,785 @ 7.0% cap · market cap 5.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M
NOI $128,816 @ 7.0% cap · market cap 5.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Roca Roja Cantina
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Multi-floor restaurant with elevator, multiple kitchens, and outdoor deck space, set on marshfront with highway frontage.
Where is this conventional restaurant located?
The property is located at 806 Sea Mountain Hwy North Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $2,295,000.
What are key features of this property?
This property features: 0.8‑acre restaurant property with 154 +/- SF highway frontage in Cherry Grove; 7,260 +/- SF restaurant space plus about 3,000 SF of additional outdoor deck areas; Marshfront setting near beach and tourism
