Mulberry Street NY Pizzeria

For Sale

3120 S Hwy 17 , Murrells Inlet, SC 29575

This Murrells Inlet property for sale is located at 3120 S Hwy 17 . The current listed sale price for Mulberry Street NY Pizzeria is $399,000. Mulberry Street NY Pizzeria is situated on a lot that is 1.6 acre in size.

Contacts

broker
Gina Nelson

Keystone Commercial Realty

Property Details

  • Property Type Retail - Restaurant
  • Property Size 2,300 SF
  • Lot Size 1.6 Acre
  • Additional Rent Contact for pricing
  • Date Updated Dec 18, 2024
Keystone Commercial Realty is pleased to Offer For Sale the Freestanding Drive Thru Restaurant Business located in Murrells Inlet, SC. The Business offers high traffic and visible location, verified growth potential, excellent labor force, and a stable, diversified customer base. The Business has been operating since June 2023 and already has a strong cash flow. The Business serves as a pizzeria with a NY/Italian style. The menu consists of a variety of pizzas, heroes, pastas, salads, and several other Italian style entrees and desserts. Analysis of earnings over the last year reveals that the Business generates in excess of $877,000 in annual gross sales with approximately $214,524 net cash flow available for taxes, debt service, capital investment, owner compensation and other owner discretionary expenses. The Seller is offering the assets of this business for sale in order to pursue an alternate business venture.BUSINESS FOR SALE: Freestanding Drive Thru Restaurant Business located in Murrells Inlet, SC. The Business offers high traffic and visible location, verified growth potential, excellent labor force, and a stable, diversified customer base. The Business has been operating since June 2023 and already has a strong cash flow. The Business serves as a pizzeria with a NY/Italian style. The menu consists of a variety of pizzas, heroes, pastas, salads, and several other Italian style entrees and desserts. Financials available upon request.Current Pizzeria Restaurant for Sale. Subject property is a free-standing 2,310 sq. ft. fast food restaurant on Highway 17 Business in Murrells Inlet. 147’ frontage Zoned Highway Commercial, subject was constructed in 2005 and is equipped with a drive-thru window, walk-in cooler, walk-in cooler, 15' Hood System, triple sink, storage room, and a managers office. Pylon signage available. Excellent visibility for Northbound and Southbound traffic on Highway 17 Business.
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Highlights

  • SALE OF BUSINESS: Asking Price = $399,000
  • Purchase price includes the Business located in Murrells Inlet, SC and business assets, including but not limited to all Furniture, Fixtures and Equipment (FF&E).
  • Assumption of existing leases, including Restaurant Lease Agreement and Point of Sale (POS) System
  • Restaurant Lease Key Terms:
  • 2024 Rent Rate = $60,000 annually, NNN (rate is fixed until 2028)
  • • Nine (9) years remaining on the current Lease term
  • • Two (2) Five (5) year optional renewal periods.
  • REAL ESTATE: The business sits on approximately 1.56 acres. The parcel has 145’ of road frontage on US Highway 17
  • Business. The Real Estate is leased and is not included with this offering.
  • ZONING: The parcel is currently zoned Highway Commercial (HC), County of Horry, SC
  • IMPROVEMENTS: According to Horry County records, the building was constructed in the 2005. The Building footprint is
  • regularly shaped.
  • Seating Capacity: 52 Indoor
  • Parking: 48 Parking Spaces

Getting around

  • 64/100

    Walk Score ®

  • 51/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Murrells Inlet, SC
  • Neighborhood Garden City
  • Zip Code 29575
  • Market Charleston

Points of Interest

  • Kroger

    0.45 miles

  • Exxon

    0.48 miles

  • Walmart Gas

    0.51 miles

  • Circle K

    0.62 miles

  • Murphy Express

    0.91 miles

  • BP

    1.27 miles

  • Lowes Foods Gas

    2.02 miles

  • Speedway

    2.19 miles

  • Blink

    9.92 miles

  • Boat & RV Storage

    0.25 miles

  • Nature Center Parking

    7.20 miles

  • Farrow Parking Garage

    7.66 miles

  • Heritage Outdoor RV Storage

    7.74 miles

  • Deville Parking Garage

    7.75 miles

  • Franco's Pizza

    0.00 miles

  • High Tides

    0.03 miles

  • Gershon's NY Deli

    0.04 miles

  • Finocchio's

    0.06 miles

  • La Trattoria

    0.06 miles

  • Pacino's

    0.08 miles

  • Carolina Tavern

    0.12 miles

  • TGI Fridays

    0.14 miles

  • El Cerro Grande

    0.14 miles

  • Crab Daddy's Seafood

    0.17 miles

  • Inlet Square Mall

    0.29 miles

  • Belk

    0.34 miles

  • Kroger

    0.50 miles

  • Walmart Neighborhood Market

    0.55 miles

  • Walmart Supercenter

    0.70 miles

  • Food Lion

    1.13 miles

  • Garden City Grocery

    1.24 miles

  • Lowes Foods

    1.92 miles

  • Publix

    2.00 miles

  • Burke's Outlet

    3.19 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Gina Nelson

Keystone Commercial Realty