For Sale
$5,300,000

1650 Chu Conway, SC 29526

High-Traffic Corner, 12,135 SF Duplex

Overview

Added:
Feb 3
Days on market:
80
This exceptional 12,135 square foot retail-restaurant duplex is situated on a 2.94-acre lot at the signalized intersection of Church Street/Highway 501 and Mill Pond Road in Conway, SC. Custom-built in 2021, the property features two restaurant spaces: a McAlister's Deli (with a 15-year lease) and a former 350-seat steakhouse. Each unit boasts a drive-thru, offering significant flexibility for future tenants. The property benefits from triple-lane ingress/egress from Church Street/Highway 501 and double-lane access on Mill Pond Road, ensuring smooth traffic flow at this high-traffic location. This prime location is situated on one of the Grand Strand's major arteries and a secondary thoroughfare serving Conway's Central Business District. The area enjoys strong stability as the hub for county government, industry, and higher education in Horry County. Conway's robust growth, with a 5.96% annual growth rate and a 22.9% increase since the 2020 census, further enhances the investment potential. Planned developments adding 3,200+ residential units by 2030 will only increase demand. Fixtures, furniture, and equipment may be purchased separately. This is a rare opportunity to acquire a high-performing retail property in a rapidly growing market. The asking price is $5,300,000.

Property Details for 1650 Chu

Property type
Retail properties
Lot Size (sq. ft)
128,066 SF

Location Insight

City
Conway
County
Horry
State
South Carolina
Latitude
33.84858
Longitude
-79.06769

FAQs

What type of property is this?
Retail property - High-Traffic Corner, 12,135 SF Duplex
Where is the retail property located?
The property is located at 1650 Chu Conway, SC.
What is the asking price?
The asking price for this property is $5,300,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1650 Chu
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