Viewing Listing MLS# 2319706

$135,500 | N/A beds | N/A full baths | N/A half baths | 1,020 sqft

$135,500 Increase +$12,000
1508 Azalea Dr. UNIT Unit 801
Myrtle Beach, SC 29575
  • commercialZoning
  • 1,020SqFt
  • 1Units
  • N/ASale/Rent
  • N/AWet Lands
  • 0.16Acres
  • MLS# 2319706
  • Commercial
  • Office
  • Active

  • Approx Time on Market7 months, 13 days
  • AreaSurfside Area--Surfside Triangle 544 To Glenns Bay
  • CountyHorry
  • SubdivisionN/A

Overview

Investors this is a 6+ cap rate property!!! New tenants just signed a 3-year agreement which starts this month(November 2023 and runs through November 2026). Corporate Tenant. Renovated first floor office condo unit within a popular Surfside business park. Renovations include new flooring, paint, new energy efficient windows and LED lighting. The 1,020 sq/ft space includes a reception area & reception office, 3 additional offices with one having potential as a conference room, open printer area/common workspace, 1/2 bath and a kitchenette. Both the front and rear entries are shared with 3 other tenants in the building. There is ample parking in the front and back of the building. Building had a new roof installed approximately 5 years ago and new windows about 5 years ago as well.


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:  1

Levels:  One

Mobile Home Remains:  ,No,

Zoning:  commercial

Construction Materials:  WoodFrame

Building Area Source:  Assessor

Buyer Compensation

Exterior Features

Spa:  No

Financial

Lease Renewal Option:  ,No,

Lease Term:  Item36Months

Garage / Parking

Parking Capacity:  25

Garage:  No

Carport:  No

Open Parking:  No

Attached Garage:  No

Interior Features

Fireplace:  No

Lot Info

Lease Considered:  ,No,

Lease Assignable:  ,No,

Acres:  0.16

Land Lease:  No

Misc

Pool Private:  No

Offer Compensation

Property Info

County:  Horry

Current Use:  Office

View:  No

Number of Units Total:  1

Senior Community:  No

Stipulation of Sale:  None

Habitable Residence:  ,No,

Property Sub Type Additional:  Office

Property Attached:  No

Rent Control:  No

Number of Buildings:  1

Room Info

Basement:  ,No,

Sold Info

Sqft Info

Sqft:  1020

Tax Info

Unit Info

Unit:  Unit 801

Utilities / Hvac

Heating:  ForcedAir

Electric On Property:  No

Cooling:  No

Heating:  Yes

Waterfront / Water

Waterfront:  No

Directions

Located on the west side of Hwy 17 Business in Surfside. Take the frontage road and turn down 16th Ave NW.

Courtesy of Marek Property Advisors  - chris.marek@svn.com

Mortgage Calculator

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Price & Status History (on graycrestrealty.com since Thu, Sep 28th 2023)
  • Original Price: $123,500
  • Current Price: $135,500
  • Price Increased: $12,000
Date ChangedFromTo
11/13/2023$123,500 $135,500 Increase by $12,000

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MLS IDX data last updated on 05-11-2024 6:42 PM EST.

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