For Sale
$6,500,000

1826 Lucas StFlorence, SC 29501

112-Room Hotel, $6.5M Asking

Overview

Added:
Dec 11, 2024
Days on market:
114
Exceptional investment opportunity: The Baymont Inn SC, located at 1826 W Lucas St, Florence, SC 29501, is a 112-key hotel situated on a 2.17-acre lot. This established property offers a 40,376 square foot building, with a gross building area of 20,188 square feet per floor. Constructed in 1989, the hotel is zoned type C. The asking price is $6,500,000. The property's location in Florence, SC, presents a strong market with a projected average household income of $94,077 within a 1-5 mile radius. This represents a significant opportunity for investors seeking a well-established hospitality asset in a thriving South Carolina market. The property's size and established presence make it an attractive prospect for both seasoned investors and those new to the hospitality sector. Detailed financial information and operational data are available upon request. This is a turnkey operation ready for immediate revenue generation.

Highlights

  • 112-key Baymont Inn hotel in Florence, SC, on a 2.17-acre lot.
  • 40,376 square foot building on a C-zoned lot.
  • Asking price: $6,500,000.
  • Built in 1989.
  • Strong market with average household income of $94,077 within a 5-mile radius.
  • Turnkey operation ready for immediate revenue generation.

Property Details for 1826 Lucas St

Property type
Hospitality properties, Hotels
Lot Size (sq. ft)
94,525 SF

Location Insight

City
Florence
County
Florence
State
South Carolina
Latitude
34.2258177
Longitude
-79.7976754
1826 Lucas St, Florence, South Carolina

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1826 Lucas St
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