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    5900 Kings Hwy Myrtle Beach, SC 29577

    Sponsored
    For Sale
    $225,000

    Prime Myrtle Beach location, established business, turnkey operation.

    Property size:
    6,997 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 5900 N Kings Hwy in Myrtle Beach, South Carolina, presents a unique investment opportunity. The 6,997 square foot lot is currently home to a well-established and profitable bar and restaurant. This turnkey operation boasts a loyal customer base, a popular menu, and a friendly atmosphere that attracts both locals and tourists. Situated in a high-traffic area, the business enjoys consistent sales with significant potential for future growth. The sale includes all existing equipment and fixtures, making it an ideal acquisition for an experienced restaurateur or a savvy investor seeking a ready-made, successful business. Financial performance data (P&L statements) are available upon request. The property is zoned for commercial use and offers significant potential for expansion or redevelopment. This is a rare chance to acquire a thriving business in a prime Myrtle Beach location. The asking price for this exceptional opportunity is $225,000. Don't miss out on this chance to own a piece of Myrtle Beach's vibrant hospitality scene.

    Property Features for 5900 Kings Hwy

    General Information

    Property type
    Land
    Square Feet
    6,997 SF

    HighLights

    • $225,000 asking price.
    • 6,997 square foot lot.
    • Special purpose commercial land in Myrtle Beach, SC.
    • Located at 5900 N Kings Hwy, Myrtle Beach, SC 29577.
    • Turnkey bar and restaurant business included.
    Property Profile Location Intelligence

    Current Use by Public Records

    Symbols Jewelers Jeweler Brother's Grill American Restaurant Hope Physical Therapy Physical Therapist McDonald's Fast Food Restaurant Beach House Bakery Bakery

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    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
    -78.8329979
    Latitude
    33.7344369

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    FAQs

    What type of property is this?
    Land - Prime Myrtle Beach location, established business, turnkey operation.
    Where is this land located?
    The property is located at 5900 Kings Hwy Myrtle Beach, SC.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: $225,000 asking price.; 6,997 square foot lot.; Special purpose commercial land in Myrtle Beach, SC.
    Request Owner's contact information
    5900 Kings Hwy 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
    5900 Kings Hwy Myrtle Beach, SC 29577
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