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Royal Inn 4638 Jefferson Davis Hwy

48 Room Hotel North Augusta, SC 29842 £2,190,860 (£45,643/Room)

Investment Highlights

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

Executive Summary

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.

Data Room Click Here to Access

Property Facts

Price £2,190,860
Price Per Room £45,643
Sale Type Investment
Sale Conditions
1031 Exchange
  • Development Sale
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 6.59 AC
Building Size 32,940 SF
No. Rooms 48
Number of Floors 1
Year Built/Renovated 1955/2017
Tenancy Single
Parking Ratio 2.13/1,000 SF
Corridor Exterior

Amenities

  • Public Access Wi-Fi
  • Multi-Room Suites
  • Smoke Detector

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 48 £25.04 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
024-06-11-006
Land Assessment
£15,500
Improvements Assessment
£20,453
Total Assessment
£35,954

zoning

Zoning Code Commercial (Commercial Zoning)
Commercial (Commercial Zoning)
  • Listing ID: 30944624

  • Date on Market: 13/02/2024

  • Last Updated:

  • Address: 4638 Jefferson Davis Hwy, North Augusta, SC 29842

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