For Sale
Call for price

3821 Bancroft RdFlorence, SC 29501

51-key hotel, I-95 Exit 157, recently renovated

Overview

Added:
Dec 11, 2024
Days on market:
115
This 51-key, two-story hotel in Florence, South Carolina, presents a unique owner/user investment opportunity. Located at I-95 Exit 157, the property benefits from high daily traffic volume (approximately 40,000 vehicles) on a major interstate corridor. Florence's strategic location midway between New York and Miami, coupled with recent economic growth fueled by a $1 billion AESC electric battery plant, creates a dynamic and attractive market. The hotel, built in 1996 and extensively renovated in 2023, is currently unfranchised, offering flexibility for future branding and management. Its proximity to the planned QT truck stop at Exit 157 further enhances its potential for increased visibility and revenue. The property sits on commercially zoned land in Florence County, and offers significant upside potential given the area's rapid development and influx of new businesses and residents. This is a rare chance to acquire a well-positioned hospitality asset in a booming South Carolina market. The hotel's 51 keys provide immediate income potential, while the strategic location and ongoing development in the area promise significant long-term growth. This is an exceptional opportunity for investors seeking a strong return on investment in a high-growth market.

Highlights

  • 51-key hotel in Florence, SC.
  • Recently renovated in 2023.
  • Located at I-95 Exit 157, a high-traffic area.
  • Situated near a new $1 billion AESC electric battery plant and a future QT truck stop.
  • Two-story building on a commercially zoned lot.

Property Details for 3821 Bancroft Rd

Property type
Hospitality properties, Hotels
Year Built/Renovated
1996/2023
Buildings
1
Stories
2

Location Insight

City
Florence
County
Florence
State
South Carolina
Latitude
34.15589
Longitude
-79.8692761
3821 Bancroft Rd, Florence, South Carolina

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
3821 Bancroft Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message