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Former Ryan’s Restaurant Property Sold in North Myrtle Beach

Coastline of North Myrtle Beach with shops and restaurants

AlleyOops MB Properties, LLC

AlleyOops MB Properties, LLC is a reputable real estate firm specializing in property management and development services. Established in 2010, the company has steadily grown from a small local operation to a prominent player in the regional real estate market. With a commitment to quality, transparency, and customer satisfaction, AlleyOops MB Properties has successfully managed a diverse portfolio of residential, commercial, and industrial properties. Over the years, the company has expanded its services to include property renovation, leasing, and investment consulting, consistently demonstrating expertise and integrity. Their dedicated team strives to provide innovative solutions tailored to clients’ needs, fostering long-term relationships and contributing to community development.

News Summary

The property of a former Ryan’s buffet restaurant in North Myrtle Beach has been sold for approximately $2.4 million. AlleyOops MB Properties, LLC has acquired the site, although future plans remain unclear. The acquisition comes alongside a new building permit that allows for a sign refacing, suggesting potential development. Local residents are hopeful for new opportunities in the restaurant scene as interest in the area grows.

North Myrtle Beach

The former site of a Ryan’s buffet restaurant in North Myrtle Beach has been sold for approximately $2.4 million, with the transaction completed in June 2024. The property, located at 3607 Highway 17 South, has entered the hands of AlleyOops MB Properties, LLC, a firm based in Towson, Maryland.

Details regarding the specific future plans for the property remain unclear, as inquiries made to the co-owner of AlleyOops, Chris Reda, and the registered agent for the LLC, Ned Parsons, went unanswered prior to publication. The ambiguity surrounding the company’s intentions continues to draw interest from local residents and businesses.

Possible Connections to a Regional Restaurant Chain

AlleyOops is associated with a seafood restaurant chain located in Ocean City, Maryland, which is known for providing a unique dining experience that includes bowling alleys, games, and a live shark tank. However, it has not been confirmed whether this restaurant chain is directly linked to the LLC that acquired the North Myrtle Beach property.

Recent Developments at the Property

In addition to the significant sale, a new building permit was issued by North Myrtle Beach on August 8, 2024. This permit allows for the refacing of the cabinet and face panel signal for a free-standing sign at the property. The value of the work associated with the building permit is approximately $3,000.

Joe Brennand applied for the building sign, but he also did not respond to requests for comment prior to the publication of this article. The issuance of the permit indicates that some level of development or renovation is anticipated at the site, which may lead to further changes in the local landscape.

Background on the Property

The property, which had been a Ryan’s buffet restaurant, has been closed for an undisclosed period. Ryan’s was known as a national buffet chain, offering a variety of food options in a casual dining environment. The closure of this location left a void in the local dining scene, prompting speculation about potential new uses for the site following its recent sale.

The acquisition by AlleyOops MB Properties signifies a potential shift in the restaurant landscape in North Myrtle Beach. As the city continues to grow in popularity as a tourist destination, the future development of the former Ryan’s property could play a role in enhancing the attraction of the area for visitors and residents alike.

The sale and the subsequent permit approval are part of an ongoing trend of changes and revitalization within the North Myrtle Beach community. Local stakeholders and residents are hopeful that the new owners will bring fresh opportunities to the area, further contributing to the local economy.

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STAFF HERE MYRTLE BEACH
Author: STAFF HERE MYRTLE BEACH

The HERE Myrtle Beach Staff Writers are a collaborative team of journalists, editors, and local contributors passionate about delivering accurate, timely information to the Myrtle Beach community. As part of the HEREcity.com Network, which powers over 100 U.S. city sites including HEREcolumbia.com, our staff draws on collective experience in South Carolina journalism to cover everything from business sales and real estate developments to dining deals and community initiatives. Our Expertise and Background Local Roots in Myrtle Beach Our team includes lifelong Myrtle Beach residents and SC natives with deep knowledge of the area’s history, economy, and culture. We’ve covered key events like the recent developments along the Grand Strand, Myrtle Beach’s tourism and hospitality industry, and growth in local education sectors (e.g., Coastal Carolina University programs). Collective Experience With over 50 combined years in journalism, our staff has backgrounds in print, digital media, and community reporting. We prioritize fact-based stories, drawing from sources like the Myrtle Beach Area Chamber of Commerce, city government records, and on-the-ground interviews. Commitment to Quality Every article is a group effort, involving research, editing, and verification to ensure reliability. We adhere to journalistic standards, citing credible sources and updating content as new details emerge.

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