1110 Caldwell St - Specialty FOR SALE


Newberry, SC 29108
$6,000,000 USD
803-312-1908
1110 Caldwell St, Newberry, SC for Sale
$6,000,000 USD
Specialty - FOR SALE
1/23
null | Request Cap Rate

1110 Caldwell St
Newberry, SC 29108


HIGHLIGHTS

  • Historic Newberry Hotel, built in 1878
  • ±25,000 SF, two-story Romanesque Revival structure
  • Second floor includes former 45 hotel rooms, now configured as apartments, studios, and wedding/special event venues
  • First floor features event/venue space in the former lobby, kitchen, and dining room
  • Five (5) retail storefronts on the ground level
  • Ideal for hospitality, retail, event space, adaptive reuse, or investor ownership

OVERVIEW

The Newberry Hotel is a prominent two-story historic structure of approximately 25,000 square feet, located at the corner of Main Street and Caldwell Street in downtown Newberry. Originally constructed in 1878 in the Romanesque Revival architectural style, the property has long been a landmark within the community. The second floor originally contained forty-five (45) hotel rooms, which have since been repurposed into a mix of apartments, studio spaces, and wedding and special-event venues. The first floor, which historically housed the hotel lobby, kitchen, and dining room, is now configured as event and venue space, while also featuring five (5) retail storefronts fronting the street. Positioned within the Newberry submarket of the Columbia market, this property offers a rare opportunity to acquire a well-known, income-producing historic asset suitable for continued mixed-use operation, hospitality, retail, event use, or adaptive redevelopment.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$240 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Newberry Hotel

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1878

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

343-5-9-4

ASK ABOUT THIS PROPERTY

David BrockERA Realty, Director of salesMore Info
803-312-1908

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David BrockERA Realty, Director of salesMore Info
803-312-1908

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