Remarks

Presenting a prime investment opportunity at 806 S. Ocean Blvd, Myrtle Beach, SC 29577. This 60-door hotel, constructed with durable concrete and steel, is situated on a prominent 0.83-acre corner lot at 9th Avenue South and Ocean Boulevard. Guests will appreciate the direct ocean views and the convenience of being just steps away from the beach. The property features an outdoor in-ground pool, a welcoming lobby area, ample parking, a commercial laundry facility, and multiple storage spaces. The sale encompasses all furniture and fixtures, ensuring a seamless transition for new ownership. Nearby Attractions: Family Kingdom Amusement Park: Directly across the street, this classic amusement park offers over 30 rides, including a wooden roller coaster and a log flume, providing entertainment for all ages. Myrtle Beach Boardwalk & Promenade: A short stroll north leads to this 1.2-mile oceanfront boardwalk, lined with shops, restaurants, and entertainment venues, offering stunning coastal views. Myrtle Beach SkyWheel: Located along the boardwalk, this 187-foot Ferris wheel features climate-controlled gondolas, offering panoramic vistas of the coastline. Ripley's Believe It or Not!: A museum showcasing a collection of oddities and interactive exhibits, perfect for curious visitors. Parks and Gardens: Brookgreen Gardens: Approximately 16 miles south, this National Historic Landmark combines art, nature, and history, featuring expansive sculpture gardens, wildlife exhibits, and walking trails. Myrtle Beach State Park: Located about 3 miles south, this park offers pristine beaches, maritime forests, and nature trails, ideal for picnicking, fishing, and camping. Shopping and Dining: Broadway at the Beach: A premier shopping and entertainment destination, offering a variety of specialty shops, restaurants, and attractions like Wonder Works and Ripley's Aquarium. The Market Common: An upscale shopping district featuring national retailers, boutique shops, and a diverse selection of dining options, from casual eateries to fine dining. Murrells Inlet Marsh Walk: A short drive south leads to this waterfront boardwalk, renowned for its fresh seafood restaurants, lively bars, and live music, all with stunning inlet views. The Grand Strand, encompassing Myrtle Beach and surrounding areas, boasts a over twelve billion economic impact from direct visitor spending, underscoring its status as a major tourism hub. Visitor Statistics: In 2016, Horry County welcomed approximately 20 million visitors, reflecting a steady increase in tourism over the years. Population Growth: The Myrtle Beach area has experienced rapid growth, with a 23% increase between 2020 and 2023. This property's prime location, coupled with Myrtle Beach's thriving tourism industry and economic growth, presents a compelling investment opportunity.

Details

MLS#: 2507245
Price: $5,290,000

Style: Hospitality
Sq Ft: 22442

County: Horry