Commercial

101 Flagg St., Myrtle Beach

$3,500,000

Bedroom bedrooms

  • MLS #: 2423769
  • Address: 101 Flagg St., Myrtle Beach, SC 29577
  • Date Listed: 10/14/2024
  • Days on Market: 131
  • Acres: 0.47

Location Location

Agent Comments Agent Comments
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.

Interior Features Interior Features
  • Floors: Three Or More
  • Interior: Storage

Additional Features Additional Features
  • County: Horry
  • Property Type: Hotel/Motel
  • Tax Number: 2147483647
  • Stories: 3