Viewing Listing MLS# 2103067
North Myrtle Beach, SC 29582
- R-4Zoning
- 13,596SqFt
- 37Units
- N/ASale/Rent
- N/AWet Lands
- 0.54Acres
- MLS# 2103067
- Commercial
- HotelMotel
- Sold
- Approx Time on Market1 year, 4 months, 10 days
- AreaNorth Myrtle Beach Area--Cherry Grove
- CountyHorry
- SubdivisionN/A
Overview
Prime, prime, prime location for Ocean front redevelopment. Approximately 150' of pristine ocean front. This family owned motel been in the family since 1966. First time on the market. Located in the Cherry Grove section of North Myrtle Beach, on Ocean Boulevard and Sea Mountain Hwy. Directly across the street from the iconic Boulineau's IGA. The main property is on 0.42 acre of land and another 0.12 acre on the second row for parking. A total of 37 rooms motel. (25 rooms has its own kitchen, and 12 basic rooms) It has an outdoor pool facing the ocean. Commercial laundry facilities. North Myrtle Beach is a family friendly beach and the home to the Shaggers. Incredible opportunity on this direct oceanfront motel in North Myrtle Beach. All measurements and square footage and information are approximate and not guaranteed. Buyer is responsible for verification.
Sale Info
Listing Date: 01-28-2021
Sold Date: 06-08-2022
Aprox Days on Market: 
1 Year(s), 4 month(s), 10 day(s)
Listing Sold: 
1 Year(s), 10 month(s), 26 day(s) ago
Asking Price: $5,900,000
Selling Price: $5,399,000
Price Difference:
Reduced By $201,000
Agriculture / Farm
Grazing Permits Blm: ,No,
Horse: No
Grazing Permits Forest Service: ,No,
Grazing Permits Private: ,No,
Irrigation Water Rights: ,No,
Farm Credit Service Incl: ,No,
Crops Included: ,No,
Association Fees / Info
Hoa: No
Bathroom Info
Building Info
New Construction: No
Num Stories: 2
Levels: Two
Year Built: 1966
Mobile Home Remains: ,No,
Zoning: R-4
Construction Materials: Masonry, WoodFrame
Buyer Compensation
Exterior Features
Spa: No
Financial
Lease Renewal Option: ,No,
Business Name: Pelican Motel
Garage / Parking
Garage: No
Carport: No
Open Parking: No
Attached Garage: No
Interior Features
Fireplace: No
Lot Info
Lease Considered: ,No,
Lease Assignable: ,No,
Acres: 0.54
Lot Size: 151x122x152x119
Land Lease: No
Misc
Pool Private: No
Offer Compensation
Property Info
County: Horry
Current Use: HotelMotel
View: No
Number of Units Total: 37
Senior Community: No
Stipulation of Sale: None
Habitable Residence: ,No,
Property Attached: No
Rent Control: No
Room Info
Basement: ,No,
Sold Info
Sold Date: 2022-06-08T00:00:00
Sqft Info
Sqft: 13596
Tax Info
Unit Info
Utilities / Hvac
Heating: Other
Electric On Property: No
Cooling: No
Sewer: PublicSewer
Heating: No
Waterfront / Water
Waterfront: No
Courtesy of Cb Sea Coast Advantage Cf - Main Line: 843-903-4400