101 Flagg St., Myrtle Beach

$3,500,000

0 Bed
0 Bath
14,416 Sqft
.47 Acre
0 Garage

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.

Essential Information
MLS® #2423769
Price$3,500,000
Bathrooms0.00
Square Footage14,416
Acres0.47
TypeCommercial Sale
Sub-TypeHotel/Motel
StatusActive
Community Information
Address101 Flagg St.
CityMyrtle Beach
CountyHorry
StateSC
Zip Code29577
Area

16G Myrtle Beach Area--Southern Limit to 10TH Ave N

Amenities
AmenitiesStorage
Exterior
ExteriorConcrete, Steel, Wood Frame
WindowsDisplay Window(s)
Additional Information
Days on Website70
ZoningCommercial
Listing Details
OfficeRE/MAX Southern Shores
Contact InfoCell: 843-655-2882
Property History
Price Reduced from $3,900,000 to $3,500,000
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