1826 Lucas StFlorence, SC 29501

  • Hospitality properties
  • 38,700 SF
For Sale
$6,500,000 View listing

Property Details for 1826 Lucas St

Year built
1990
Lot size
2.17 AC
Property size (Sq ft)
38,700 SF
Property type
Hospitality properties
Property subtype
Motels
APN
01211-01-099
APU
121101099

Description

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.

1826 Lucas St, Florence, South Carolina

Location Insight

City
Florence
County
Florence
State
South Carolina
Latitude
34.2258
Longitude
-79.7977
CBSA code
22500
CBSA name
FLORENCE, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$88,850
$22,000
$152,146
$174,146
-
$550,000
$3,803,641
$4,353,641

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