Florence Real Estate Commercial for sale

1 Photos

$3,600,000 | N/A beds | N/A full baths | N/A half baths | 30,000 sqft

$2,111,121

1819 W Lucas St.
Florence, SC 29501

B3Zoning
30,000SqFt
200Units
N/ASale/Rent
N/AWet Lands
10.00Acres

MLS# 2001038
Commercial
HotelMotel
Sold

Watching
Map Property
Mortgage Calculator
Print

Approx Time on Market1 year, 2 months, 1 day
Area31a Other Counties In South Carolina
CountyFlorence
SubdivisionN/A

Overview

Subject property is a 200 key full service Exterior Corridor hotel located at Exit 164 on Interstate 95, and Highway 52 in Florence SC Property is Situated on 10 acres of land. Hotel Renovations Since 2018: 76 Keys including Suites totaling 80 rooms have been fully renovated. Full renovation of the entrance and Lobby. New paint on the entire exterior of the building. Complete renovation of the Kitchen with new equipment New signage out front Renovation of the pool and pool pumps Established Food and Beverage License Guest Laundry Hotel Laundry New stair cases to access the second floor New entryway to the conference Center Repaired the roof and replaced the flashing around all units. Florence is a growing community, thriving with industry it is considered the industrial hub of the Pee Dee. The McLeod and Carolinas Hospital systems are based out of Florence with an outstanding Medical hub. Darlington Raceway, the Santee Lakes, and being the Center point for travelers commuting between Florida and New York Makes this property a Viable Cash Flow Investment.

Sale Info

Listing Date: 01-09-2020

Sold Date: 03-11-2021

Aprox Days on Market:
1 Year(s), 2 month(s), 1 day(s)

Listing Sold:
3 Year(s), 1 month(s), 12 day(s) ago

Asking Price: $5,900,000

Selling Price: $2,111,121

Price Difference:
Reduced By $1,488,879

Agriculture / Farm

Grazing Permits Blm: ,No,

Horse: No

Grazing Permits Forest Service: ,No,

Grazing Permits Private: ,No,

Irrigation Water Rights: ,No,

Farm Credit Service Incl: ,No,

Crops Included: ,No,

Association Fees / Info

Hoa: No

Bathroom Info

Building Info

New Construction: No

Num Stories: 2

Levels: Two

Mobile Home Remains: ,No,

Zoning: B3

Buyer Compensation

Exterior Features

Spa: No

Financial

Lease Renewal Option: ,No,

Garage / Parking

Garage: No

Carport: No

Open Parking: No

Attached Garage: No

Interior Features

Fireplace: No

Furnished: Unfurnished

Lot Info

Lease Considered: ,No,

Lease Assignable: ,No,

Acres: 10.00

Land Lease: No

Misc

Pool Private: No

Offer Compensation

Property Info

County: Florence

Current Use: HotelMotel

View: No

Number of Units Total: 200

Senior Community: No

Stipulation of Sale: None

Habitable Residence: ,No,

Property Sub Type Additional: SpecialPurpose

Property Attached: No

Rent Control: No

Room Info

Basement: ,No,

Sold Info

Sold Date: 2021-03-11T00:00:00

Sqft Info

Sqft: 30000

Tax Info

Unit Info

Utilities / Hvac

Electric On Property: No

Cooling: No

Heating: No

Waterfront / Water

Waterfront: No

Courtesy of Tradd Commercial, Llc

Mortgage Calculator

Property Price:

Down Payment:

Term:

Interest Rate:

Property Tax Rate:

Dollars per $1000

HOA Dues:

Calculate PMI

Advanced

Approximate Monthly Payment 0.0

On showmemyrtlebeach.com since Thu, Jan 9th 2020
No Property History recorded for this listing.

Broker Reciprocity Provided courtesy of © Copyright 2024 Coastal Carolinas Multiple Listing Service, Inc.®. Information Deemed Reliable but Not Guaranteed. © Copyright 2024 Coastal Carolinas Multiple Listing Service, Inc.® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.

The offer of compensation is made only to the participants of the MLS where the listing is filed

MLS IDX data last updated on 04-23-2024 9:36 AM EST.

Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.

This real estate website and IDX data is hosted by Dynamic IDX, LLC (843.637.2411)