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200 South Kings Hwy., Myrtle Beach, SC 29577
$1,200,000
200 South Kings Hwy., Myrtle Beach, SC 29577View this property at 200 South Kings Hwy., Myrtle Beach, SC 29577
200 South Kings Hwy.Myrtle BeachSC29577
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Property Description
Owner Financing Optional! Back on the market as previous investor was unable to get financing- No fault to buyer or property. Huge price improvement on this Investment Opportunity that's being sold as-is! This free-standing 6177 sq. ft. building is located in a prime location, nestled on a unique 1.03-acre corner property, stands as a rare find with high visibility in a well-known area. Located on HWY 17 South, this commercial gem offers endless possibilities for a savvy entrepreneur. Lots of parking available!!! With seating for 80-100 people indoors and an additional 24 outdoors, this establishment is poised for success. The drive-through window adds a layer of convenience, and a private office and toilet for management enhance operational efficiency. The property includes all the essentials for a turnkey operation, including restaurant equipment, ovens, ice cream machines, freezers, fryers, tables and chairs, fans, and registers - everything needed for a seamless transition. It's important to note that while the building and property are for sale, the business name is not transferable due to its trademarked status. This ensures a fresh start for new ownership while preserving the legacy of the location. Showcasing a strategic location, the property is in close proximity to various amenities, including restaurants, hotels, the Skywheel, Family Kingdom, beaches, golf courses, and the Myrtle Beach International Airport. Act swiftly to secure this investment and elevate your entrepreneurial endeavors. Contact your agent today to seize this chance to own a slice of prime commercial real estate in a bustling and sought-after location. Square footage is approximate and not guaranteed; buyers are responsible for verification.
Full Property Details
Full Property Details for 200 S Kings Hwy
General
- Price: $1,200,000
- Status: Active
- Type: Retail
- MLS ID: 2319792
- Updated: 5/7/2024
- Added to Site: 247 day(s) ago
Business
- Name: The Donut Man
- Business Type: Restaurant
Rental Information
- Complex Features: Handicap Access, Kitchen Facilities, Office, Pole Sign, Public Restrooms
Location
- Area: 16G Myrtle Beach Area--Southern Limit to 10TH Ave
- County: Horry
- Driving Directions: From HWY 501- Take 17 Business South to 2nd Avenue- property will be on your right From HWY 544- Take 17 Business North to 2nd Avenue- property will be on your left Additional photos will be added shortly. Close proximity to lots of restaurants, hotels, Skywheel, Family Kingdom, Beaches, Golf Courses and MB International Airport. Square footage is approximate and not guaranteed. Buyer is responsible for verification.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- # Buildings: 1
- Exterior Const.: Stucco
- Windows/Doors: Display Window(s)
- Stories/Levels: 1
- Living Area: 6,177 Sq. Ft.
- Current Bldg. Use: Restaurant
- Year Built: 1959
Lot Features
- Lot Size (Acres): 1.03
- Lot Size Source: Public Records
- Lot Dimensions: 304 x 126 x 103 x 225 x 131
- Zoning: HC2
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Property ID: 44305040028
Listed by Exit Coastal Real Estate Pros
Get Pre-Approved Today
Schools
Schools serving 200 S Kings Hwy
School District:Horry County Schools
Rating | Name | Grades | Distance |
---|---|---|---|
Myrtle Beach Primary School
620 29th Ave N, Myrtle Beach, SC 29577 | 1-2 | 2.4 mi | |
Myrtle Beach Elementary School
950 Seahawk Way, Myrtle Beach, SC 29577 | 3-5 | 2.4 mi | |
3101 N Oak St, Myrtle Beach, SC 29577 | 6-8 | 2.4 mi | |
3302 Robert M Grissom Pkwy, Myrtle Beach, SC 29577 | 9-12 | 2.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 200 S Kings Hwy
Date
Details
Price
Change
Source
5/07/2024
Price Reduced
$1,200,000
-7.69%
MLS
2/13/2024
Price Reduced
$1,300,000
-18.75%
MLS
1/17/2024
Price Reduced
$1,600,000
-3.03%
MLS
12/30/2023
Price Reduced
$1,650,000
-8.28%
MLS
9/30/2023
Listed
$1,799,000
79.9%
MLS
5/20/2022
Sold
$1,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 200 S Kings Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2023
$16,992
28%
$50,960
-48%
2021
$13,260
1%
$98,214
—
2020
$13,132
—
$98,214
-88%
2019
$13,132
11%
$849,332
15%
2018
$11,786
1%
$738,550
—
2017
$11,664
1%
$739,200
—
2015
$11,531
3%
$739,200
—
2014
$11,212
-30%
$739,200
883%
2013
$16,111
—
$75,186
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 200 S Kings Hwy
200 South Kings Hwy., Myrtle Beach, SC 29577 (MLS# 2319792) is a Retail property. 200 South Kings Hwy. is currently listed for $1,200,000 and was received on September 30, 2023. Want to learn more about 200 South Kings Hwy.? Do you have questions about finding other Retail real estate for sale in Myrtle Beach? You can browse all Myrtle Beach real estate or contact a Coldwell Banker agent to request more information.