Ignite FB Tracking Pixel101 Flagg St., Myrtle Beach, SC 29577 - The Kingsmore Real Estate Team
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listing
1 of 40
CommercialFor Sale
$3,900,000
101 Flagg St.
Myrtle Beach, SC 29577
Listed by: Re/max Southern Shores, Cell: 843-655-2882
MLS: Coastal Carolinas MLS
Est. Mortgage
$20,231/mo

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.

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