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    811 Seaboard St Myrtle Beach, SC 29577

    Sponsored
    For Sale
    $195,000

    11,250 SF Commercial Lot, $195K

    Property size:
    11,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 11,250 square foot commercial lot is located at 811 Seaboard St., Myrtle Beach, SC 29577, in Horry County. Currently operating as an established bachata restaurant and grill specializing in authentic Dominican cuisine, this property presents a unique investment opportunity. The restaurant boasts extended hours of operation, running from 11 AM to 8 PM Tuesday through Sunday for lunch and dinner service, with the bar remaining open until 2 AM. The vibrant bar scene and ample space for live music, including bands and DJs, create a lively atmosphere perfect for attracting a diverse clientele. Regular bachata nights and other themed entertainment events further enhance the venue's appeal. The restaurant enjoys a strategic location in a high-traffic area, ensuring excellent visibility and accessibility for both walk-in and targeted customers. This well-established business has cultivated a loyal local following and possesses significant growth potential through expanded catering services, private event hosting, and increased marketing initiatives. The property's size and existing infrastructure provide a solid foundation for continued success and future expansion within the thriving Myrtle Beach market. The asking price for this unique commercial property is $195,000.

    Property Features for 811 Seaboard St

    General Information

    Property type
    Land
    Square Feet
    11,250 SF

    HighLights

    • 11,250 SF commercial lot at 811 Seaboard St., Myrtle Beach, SC 29577.
    • Established bachata restaurant and grill with extended hours (11 AM - 8 PM Tue‑Sun, bar until 2 AM).
    • High‑traffic location offering excellent visibility and accessibility.
    • Features live music, themed events, and a vibrant bar scene.
    • $195,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bachata Caribbean Bar ... Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Nail Salon Auto Repair Shop Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Myrtle Beach
    County
    Horry
    State
    South Carolina
    Longitude
    -78.9023377
    Latitude
    33.7097449

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    FAQs

    What type of property is this?
    Land - 11,250 SF Commercial Lot, $195K
    Where is this land located?
    The property is located at 811 Seaboard St Myrtle Beach, SC.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: 11,250 SF commercial lot at 811 Seaboard St., Myrtle Beach, SC 29577.; Established bachata restaurant and grill with extended hours (11 AM - 8 PM Tue-Sun, bar until 2 AM).; High-traffic location offering excellent visibility and accessibility.
    Request Owner's contact information
    811 Seaboard St Myrtle Beach, SC 29577
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    811 Seaboard St Myrtle Beach, SC 29577
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