Remarks

Commercial property in prime location now available in a premier area of Myrtle Beach. Situated on .21 acres along the north side of 79th Avenue North, one block off of North Kings Highway, this 1,800 sq ft high end office building sits mere blocks from significant residential and commercial development taking place. The site includes 64’ of frontage along 79th Avenue North and a depth of 140’. The property underwent a major renovation fifteen years ago and is well located in a secondary commercial area near the lighted intersection of US 17 and 79th Avenue North. The property is zoned MU-M as part of a mixed use, medium density zoning designation. The building has had significant improvements and betterments and is an ideal location for your office or business. Amazing opportunity to own a high-quality commercial property in a fast-growing area; a perfect home for your business or high-quality investment opportunity. Located in the heart of Myrtle Beach in the center of the Grand Strand region which includes the Greater Myrtle Beach area, eastern Horry County, and the Waccamaw Neck region of Georgetown County. The Grand Strand is composed of a series of beachfront communities which have grown rapidly in terms of overall population supplementing the significant tourism industry. This property is located is an established commercial district with a lighted intersection at N. Kings Hwy. and 79th Avenue N making it an ideal investment property. There are large neighborhood centers on the two western corners of the intersection anchored by Publix and 7-11. The eastern corners include a large neighborhood center with retail, restaurant, and office buildings. 79th Avenue benefits from the established secondary commercial district and lighted intersection along the Highway. The row of 79th Avenue N. properties between N. Kings Highway and Ocean Boulevard represents the original medical office district of the City of Myrtle Beach. The original hospital building was located on Ocean Boulevard between 77th and 79th Avenues N. and the property now offered was initially built in the 1960s as medical offices to support the nearby hospital facility. The office building is very well-located with extremely low turnover in high quality tenants. The property is located on the north end of Myrtle Beach which has long been recognized as containing the area’s premier motel, restaurants, commercial properties, and residential neighborhoods. The neighborhood is currently enjoying explosive growth. The neighboring vacant lands along the Boulevard, Grande Dunes Parkway, and 82nd Avenue North are currently being developed with upscale residential communities, and additional highway commercial offerings along US 17. The old hospital site has been developed with luxury homes known as “Papillon” which sits across the street from the available property. A 30-acre parcel between 17 and Ocean Boulevard along Grande Dunes Boulevard is currently being developed with 80 patio home units. Another parcel on the north side of Grande Dunes Boulevard is being developed with a townhome project while interior communities along Grande Dunes Boulevard and 82nd Avenue North west of US 17 include numerous residential developments such as The Cape, Cipriana, and Living Dunes. The Grand Strand Medical Center continues to expand, and there is an ongoing demand for suitably located medical office buildings near this major medical service provider. The neighborhood where this office building sits is expected to continue to enjoy its reputation as the premier commercial and residential district for the entire Grand Strand region. A Adjoining property also available at 7901 North Ocean BLVD and consideration will be given if offers include both properties.

Details

MLS#: 2421586
Price: $899,000

Style: Office
Sq Ft: 1800

County: Horry