1650 ChuConway, SC 29526

Property Details for 1650 Chu

Lot size

2.94 AC

Property type

Other retail properties

Property subtype

Retail properties

Description

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.

Location Insight

City

Conway

County

Horry

State

South Carolina

Latitude

33.8486

Longitude

-79.0677

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