10000 Kings Hwy Myrtle Beach, SC 29572-4018

This exceptional 8,355 square foot former Red Lobster restaurant is available for sale in Myrtle Beach, South Carolina. Situated on a 2.13-acre lot with 135 paved parking spaces, this property boasts a prime location on North Kings Highway 17, adjacent to Tanger Outlets and near major attractions like the Myrtle Beach Mall and several resorts. The building features significant road frontage (approximately 234 feet) on North Kings Highway 17, benefiting from high visibility and accessibility with deceleration lanes for both northbound and southbound traffic. Two curb cuts on Hilton Road provide convenient access. Internal features include a walk-in cooler, walk-in freezer, walk-in beer cooler, and kitchen hoods (15' and 21'). Eight utility light pole units and prominent signage (stone monument and large road sign) enhance visibility. The property is zoned Neighborhood Commercial (NC) in Horry County, SC, and has a Property Identification Number (PIN) of 39009030003. The average daily traffic count is 43,400 (SCDOT 2023), and the 2023 annual real estate taxes were $33,817.82. This presents a unique opportunity for a restaurant or other commercial venture to capitalize on a high-traffic location and existing infrastructure. The asking price is $3,100,000.