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3986 Highway 17 Business 18,650 SF Retail Building Murrells Inlet, SC 29576 $2,990,000 ($160.32/SF)

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EXECUTIVE SUMMARY

Price Improvement! Prime Investment & Redevelopment Opportunity in Murrells Inlet Unlock the potential of this 2.9-acre commercial property, strategically located just across from the Marsh Walk in Murrells Inlet. Featuring an 18,650 sq. ft. building (16,000 sq. ft. under roof), this property offers a rare combination of income stability and future redevelopment possibilities. Key Highlights: Zoned General Commercial, providing flexibility for various business uses Long-term tenant in place – Lazy Gator Gifts, a well-established business operating on site for 18 years New roof for added value and reduced maintenance costs Additional income potential: Conceptual plans available for residential development on the rear parcels or a paid parking opportunity Whether you're an investor looking for strong cash flow or a developer seeking a prime redevelopment site, this property is a must-see. Don’t miss your chance to capitalize on one of Murrells Inlet’s most sought-after commercial locations. Contact us today for more details or to schedule a private tour! Tenant in place, must schedule showings.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
18,650 SF
Building Class
C
Year Built
1980
Price
$2,990,000
Price Per SF
$160.32
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
2.96 AC
Zoning
GC - Commercial
Parking
120 Spaces (6.43 Spaces per 1,000 SF Leased)
Frontage
146’ on Chandler Ave

AMENITIES

  • Pylon Sign
  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Lazy Gator
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Lazy Gator - - - -

NEARBY MAJOR RETAILERS

Anytime Fitness
Bank of America
Carrabba’s Italian Grill
SouthState Bank
First Citizens Bank
Hwy 55 Burgers Shakes & Fries
Waffle House
Outback Steakhouse
Truist
Food Lion

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 41-0114-099-00-00
  • 41-0114-096-01-00
  • 41-0114-099-01-00
  • 41-0114-094-02-00
  • 41-0114-098-00-00
  • 41-0114-094-01-00
  • 41-0114-100-00-00
  • 41-0114-094-03-00
  • 41-0114-095-00-00
  • 41-0114-097-00-00
  • 41-0114-096-00-00
Land Assessment
$51,300
Improvements Assessment
$170
Total Assessment
$51,470
  • Listing ID: 35163343

  • Date on Market: 3/17/2025

  • Last Updated:

  • Address: 3986 Highway 17 Business, Murrells Inlet, SC 29576

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