Property Description

This property consists of approximately 1.65 acres on Hwy 17. It includes the Lake Shore motel, which has been closed for a couple of years, and an existing single-family home currently occupied by the owners. The property is being sold as-is. The zoning is HC (Highway Commercial). While this district is no longer used in Horry County, this property is grandfathered in, allowing for many uses and making it an excellent opportunity for redevelopment. Key details include: - Parcels: Consists of two parcels with approximately 180 feet of frontage along Hwy 17. - Stormwater: Adjacent to a large pond that could potentially be used for stormwater management. - Income: Includes an existing ground lease for a billboard that generates annual income. - Expansion Potential: An additional, connected 3.30 acres is also for sale. Combining both properties would create an estimated 5-acre site with Hwy 17 frontage. This is a great investment for redeveloping either the land or the existing structures. The scarcity of available land in this area makes this property highly desirable. Please call me for more details.

Property Features