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    10435 Kings Hwy Myrtle Beach, SC 29572

    Sponsored
    For Sale
    $1,700,000

    Prime Kings Hwy Restaurant, 6400 SF

    Property size:
    6,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional restaurant opportunity is located at 10435 N. Kings Highway in Myrtle Beach, South Carolina, a high-traffic area. The 6,400 square foot space, currently a Fuddruckers, boasts 204+ indoor seats and an outdoor patio with seating for at least 16 additional patrons. The property includes valuable commercial kitchen equipment, such as two walk-in coolers, a walk-in freezer, and two hoods. Additional furniture, fixtures, and equipment (FF&E) are available for purchase. Ample parking is provided with 63 spaces, including spaces designated for handicapped accessibility. The asking price is $1,700,000, translating to $265.62 per square foot. This presents a unique chance to capitalize on the thriving Myrtle Beach market, which saw over 16 million visitors generating approximately $6.5 billion in revenue annually. The Myrtle Beach metropolitan area is experiencing significant growth, making this a prime investment opportunity in a high-demand location. The property's size, existing infrastructure, and prime location make it ideal for a variety of restaurant concepts or retail businesses. This is a turn-key operation ready for a new owner to step in and take advantage of the established customer base and high tourist traffic.

    Property Features for 10435 Kings Hwy

    General Information

    Property type
    Restaurants
    Square Feet
    6,400 SF

    HighLights

    • 6,400± sq. ft. restaurant/retail space on N. Kings Highway in Myrtle Beach, SC.
    • Currently operating as a Fuddruckers.
    • 204+ indoor seats; outdoor patio with seating for 16+.
    • Includes two walk‑in coolers, walk‑in freezer, and two hoods; additional FF&E available.
    • 63 parking spaces, including handicapped‑accessible spaces.
    • High‑traffic location in Myrtle Beach, a market with 16 million annual visitors and $6.5 billion in annual revenue.
    Property Profile Location Intelligence

    Current Use by Public Records

    Prohibition Bar & Grille Restaurant Fuddruckers Caterer

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

    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
    -78.7511188
    Latitude
    33.7955911

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    FAQs

    What type of property is this?
    Restaurant - Prime Kings Hwy Restaurant, 6400 SF
    Where is this restaurant located?
    The property is located at 10435 Kings Hwy Myrtle Beach, SC.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: 6,400± sq. ft. restaurant/retail space on N. Kings Highway in Myrtle Beach, SC.; Currently operating as a Fuddruckers.; 204+ indoor seats; outdoor patio with seating for 16+.
    Request Owner's contact information
    10435 Kings Hwy Myrtle Beach, SC 29572
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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
    10435 Kings Hwy Myrtle Beach, SC 29572
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