4580 W Highway 501,Conway, SC 29526
Conway, SC 29526
Description
Rare opportunity to acquire a high-visibility, multi-stream income-producing commercial asset strategically located on a prime corner lot along the bustling Highway 501 corridor. This 1.13-acre property serves as a vital gateway for commuters and tourists traveling between Conway and Myrtle Beach, ensuring a massive daily traffic count and unmatched brand exposure. The site is anchored by an established convenience and gas store, featuring fuel tanks that have recently passed DHEC inspection, providing peace of mind and immediate operational readiness for the next owner. The property's value is further enhanced by its diverse portfolio of additional on-site structures, including a barbershop, a produce stand, and a residential duplex. This unique mix of retail and residential components offers a stabilized investment with multiple revenue channels. All existing leases are currently month-to-month, offering the ultimate flexibility for a buyer to renegotiate terms for long-term hold, or to clear the site for a larger-scale redevelopment in one of the fastest-growing regions of Horry County. Positioned in a "path of progress" area, this 1.13-acre parcel represents prime commercial real estate in a high-demand market. Whether you are looking for a turnkey investment with immediate cash flow or a strategic corner for a new franchise or retail center, this property offers the scale and location necessary for success. Properties with this level of frontage and diverse income potential on Highway 501 are increasingly scarce; schedule your private tour today
Details
| MLS # | 2603679 |
|---|---|
| Listing Type | For Sale |
| Style | Specialpurpose |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 244 |
| Listing Provided By | TMS Property Management & Real | Tina Schildt |
Features
| SQ Feet | 3,104 |
|---|---|
| Story(s) | 1 |
| Units | 4 |
| Zoning | Commerical |
| Acreage | 1.13 |
Interior
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Central Air |
| Heating Yes / No | Yes |
| Heating | Central |
| Furnished | Furnished |
Exterior
| Construction Materials | Block, Wood Frame |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Area Information
| State | SC |
|---|---|
| County | Horry |
| City | Conway |
| Zip Code | 29526 |
| Area | 14A Conway Area Northern edge of Conway South of Rt 22 |
| Listing VS Median (in 29526) | |
Price: $3,000,000 low | high Med: $325,000 sqft: 3,104 low | high Med: 1,913 $ / sqft: $966 low | high Med: $170 On site: 244 low | high Med: 183 | |
Market Activity 29526
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Learn More About This Property
| State | SC |
|---|---|
| County | Horry |
| City | Conway |
| Zip Code | 29526 |
| Area | 14A Conway Area Northern edge of Conway South of Rt 22 |
| Listing VS Median (in 29526) | |
Price: $3,000,000 low | high Med: $325,000 sqft: 3,104 low | high Med: 1,913 $ / sqft: $966 low | high Med: $170 On site: 244 low | high Med: 183 | |