4638 Jefferson Davis Hwy - Hospitality FOR SALE


North Augusta, SC 29842
$2,800,000 USD
762-333-3096
4638 Jefferson Davis Hwy, North Augusta, SC for Sale
$2,800,000 USD
Hospitality - FOR SALE
1/25
null | Request Cap Rate

4638 Jefferson Davis Hwy
North Augusta, SC 29842


HIGHLIGHTS

  • 22,000 Daily Traffic
  • Redevelopment Opportunity
  • 6.57 Acres

OVERVIEW

Commercial Property Listing Location: 4638 Jefferson Davis Highway Property Type: Motel Units: 48 Land Area: 6.57 Acres Traffic Count: 23,000 Daily Features: Zoned Commercial 2,000 sq ft Building (Storage/Business) 2,000 sq ft 3 Bed, 2 Bath Home Investment Highlights: 1. Prime Location: Strategically positioned on Jefferson Davis Highway, this commercial property offers exceptional visibility and accessibility. With a daily traffic count of 23,000, it provides a lucrative opportunity for various business ventures. 2. Motel with 48 Units: The property includes a fully operational motel with 48 units, presenting a turnkey investment for entrepreneurs in the hospitality industry. Take advantage of the established business or explore conversion possibilities. 3. Commercial Zoning: Zoned for commercial use, the property opens up a wide range of possibilities, making it suitable for retail, offices, or other commercial endeavors. Explore the potential for new businesses or expansion opportunities. 4. Development Potential: With 6.57 acres of land, this property offers a compelling opportunity for multi-family development. Capitalize on the increasing demand for residential spaces in a prime location. 5. Additional Structures: The 2,000 sq ft building on-site provides versatility for storage or business purposes, enhancing the income potential of the property. Additionally, a spacious 3 bed, 2 bath home adds to the appeal for live-in or rental options. Investment Details: Motel: 48 units Land Area: 6.57 acres Zoning: Commercial Traffic Count: 23,000 daily Additional Structures: 2,000 sq ft Building 2,000 sq ft 3 Bed, 2 Bath Home Contact Information: For more information or to schedule a viewing, please contact Jacob Glover at Jacobglover@douglaslanegroup.com. This is a rare opportunity to secure a versatile commercial property with immense potential. Act now to make it yours! Note: All information provided is deemed reliable but not guaranteed. Buyers are advised to conduct their own due diligence.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$85 USD /SF

# OF ROOMS

48

PRICE/ROOM

$58,333 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Royal Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1955

PARKING SPACES

70

LAND DETAILS

LAND ACRES

6.59 AC

LAND SF

287,060 SF

ZONING

Commercial

APN/PARCEL ID

024-06-11-006

ASK ABOUT THIS PROPERTY

Jacob GloverDouglas Lane Real Estate GroupMore Info
762-333-3096

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Jacob GloverDouglas Lane Real Estate GroupMore Info
762-333-3096

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.