COMMERCIAL - Myrtle Beach, SC
Both Hotels are located on opposite corners of 12th Avenue North, situated between Chester Street and Withers Drive in the amusement district of downtown Myrtle Beach. This motel is surrounded by gift shops, restaurants, rides, and amusements. Conveniently located just steps away to the Atlantic Ocean and the newly constructed Myrtle Beach Boardwalk and Promenade. Aquarius III ? Approximately .29 +/- Acres, (12,632 Square Feet) ? Approximately 175 Feet of Frontage on 12th Avenue North ? Approximately 70 Feet of Frontage on Chester Street ? TMS #181-07-20-004, County of Horry, SC. IMPROVEMENTS ? Approximately 12,499 Square Foot Building ? 28 Units: o 7 - Two Bedroom Apartments with Kitchenettes o 15 - Efficiencies o 3 - Singles o 5 - Doubles ? Laundry Facility ? Outdoor Pool ? Managers Office ? Picnic Area Aquarius IV ? Approximately .30 +/- Acres, (13,068 Square Feet) ? Approximately 173 Feet of Frontage on 12th Avenue North ? Approximately 77 Feet of Frontage on Chester Street ? TMS #181-07-27-001, County of Horry, SC. IMPROVEMENTS ? Approximately 10,982 Square Foot Building ? 3 Story Building with Outside Corridors ? 22 Units: o 6 - Two Bedroom Efficiencies o 5 - Doubles (Microwave and Refrigerators) o 10 - Doubles (Stove and Full Size Refrigerator) o 1 Single (Microwave) o 920 SF Owners Condo ? Laundry Facility ? Outdoor Pool ? Picnic Area ZONING: Amusement District (A), City of Myrtle Beach, SC. This Property lies within an area that is under the authority of the Downtown Redevelopment Commission (DRC) DOWNTOWN REDEVELOPMENT COMMISSION: The DRC?s objective is to initiate and facilitate this Vision by redeveloping downtown Myrtle Beach. The Pavilion Area Master Plan (P.A.M.P.), as the project is also known, outlines a strategy to redevelop the core area of Myrtle Beach. The core area encompasses 300 acres of land and one and a half miles of oceanfront. The core has been defined as the area from 6th Avenue South to 16th Avenue North, and from the Atlantic Ocean to Oak Street and Broadway. To encourage and promote new development, the DRC has created Overlay Zones. The zones create incentives for developers, including reduced setback requirements, less restrictive PUD qualifications, elimination of floor area ratios, and height bonuses.