Florence Real Estate For Sale
Florence, SC 29501
- B3Zoning
- 30,000SqFt
- 200Units
- N/ASale/Rent
- N/AWet Lands
- 10.00Acres
- MLS# 2001038
- Commercial
- HotelMotel
- Sold
- 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), 6 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