$3,900,000
No Recent Price Change
101 Flagg St.
Myrtle Beach, SC 29577
Myrtle Beach, SC 29577
- CommercialZoning
- 14,416SqFt
- 36Units
- N/ASale/Rent
- N/AWet Lands
- 0.47Acres
- MLS# 2423769
- Commercial
- HotelMotel
- Active
- Approx Time on Market1 day
- AreaMyrtle Beach Area--Southern Limit To 10th Ave N
- CountyHorry
- Subdivision N/A
Overview
The Calypso Motel presents an incredible investment opportunity, featuring three distinct buildings with a total of 35 units. Building 1 comprises 15 units over two stories, Building 2 offers 12 units across three stories, and Building 3 includes 8 units. Most units come equipped with full kitchens, adding to the convenience and appeal for guests. In addition to the spacious basement, office, and two commercial laundry facilities, there is a large storage area located behind Building 2, perfect for additional supplies or maintenance needs. All parking is conveniently located on-site. Recent upgrades, including a fresh exterior paint job, resurfaced parking lot, and modern signage, have further enhanced the property's curb appeal. The motel is just steps away from the ocean and offers a large inground pool. It is also located within walking distance of the Myrtle Beach Boardwalk, The Wicked Tuna Restaurant, and the 2nd Avenue Fishing Pier, making it a sought-after destination for tourists. This is a fully income-producing property, making it a prime opportunity for investors looking to capitalize on the thriving tourism industry.
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
Assoc Amenities: Storage
Bathroom Info
Building Info
New Construction: No
Num Stories: 3
Levels: ThreeOrMore
Mobile Home Remains: ,No,
Zoning: Commercial
Building Features: Office, PrivateRestrooms, PoleSign, PublicRestrooms, ReceptionArea
Construction Materials: Concrete, Steel, WoodFrame
Buyer Compensation
Exterior Features
Spa: No
Window Features: DisplayWindows
Financial
Lease Renewal Option: ,No,
Business Name: Calypso Motel
Garage / Parking
Garage: No
Carport: No
Open Parking: No
Attached Garage: No
Interior Features
Fireplace: No
Interior Features: Storage
Lot Info
Lease Considered: ,No,
Lease Assignable: ,No,
Acres: 0.47
Land Lease: No
Misc
Pool Private: No
Offer Compensation
Property Info
County: Horry
Current Use: HotelMotel
View: No
Number of Units Total: 36
Senior Community: No
Stipulation of Sale: None
Habitable Residence: ,No,
Property Attached: No
Rent Control: No
Number of Buildings: 3
Room Info
Basement: ,No,
Sold Info
Sqft Info
Sqft: 14416
Tax Info
Unit Info
Utilities / Hvac
Electric On Property: No
Cooling: No
Sewer: PublicSewer
Heating: No
Waterfront / Water
Waterfront: No
Courtesy of Re/max Southern Shores - Cell: 843-655-2882
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