Catylist ID:
#30579732
Land/Building For Sale Ocean HWY
Retail-Commercial
for Sale
Sale Pending
Also listed as Vacant Land
| Catylist Listing ID: | 30579732 |
| Property Subtypes: | Free-Standing Building, Retail-Pad, Tavern/Bar/Nightclub, Other |
| Status: | Pending |
| Building Size (RSF): | 2,151 SF |
| Gross Land Area: | 1.87 Acres |
| Sale Price: | $825,000 |
| Unit Price: | $383.54 PSF |
| Property Use Type: | Vacant/Owner-User |
| Usable Size (USF): | 2,151 SF |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 7/27/2021 |
Overview / Comments
|
This 1.87-acre site is currently the site for Willoughby’s, which is a local bar & entertainment venue in Leland located on Highway 17 between Magnolia Greens and Brunswick Forest. Visibility and access from Highway 17 are excellent. This commercial corridor is the center of most retail, restaurant, office and medical development in northeast Brunswick County. Scores of national, regional and local retailers are within one mile of this site. The property’s current zoning permits all the commercial activities mentioned above. The bar business is currently operating in the existing building but the value of this property will be found by razing the building and redeveloping the site. DIRECTIONS: One half mile south of Magnolia Greens on the west side of Highway 17. |
Attachments & Media
Additional Details
| Nearest MSA: | Myrtle Beach-Conway-North Myrtle Beach |
| County: | Brunswick |
| Tax ID/APN: | 04700026 |
| Zoning: | CO-CLD |
| Retail Clientele: | General |
| Property Visibility: | Excellent |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 1 |
| Property Condition: | Fair |
| Year Built: | 1988 |
| Legal Description: | 1.87AC DB PL 729/410 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 2,645 | 18,296 | 26,558 |
| Median Age: | 43.74 | 40.76 | 39.43 |
| Households: | 1,117 | 7,561 | 11,159 |
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