700 W Main St - Hospitality FOR SALE


Spartanburg, SC 29301- Saxon
$2,500,000 USD
864-404-9377
700 W Main St, Spartanburg, SC for Sale
$2,500,000 USD
Hospitality - FOR SALE
1/12
null | Request Cap Rate

700 W Main St
Spartanburg, SC 29301
Saxon


HIGHLIGHTS

  • Corner lot on main road entering downtown Spartanburg
  • 2025 Renovation
  • Extended Stay/Workforce Housing

OVERVIEW

700 W Main St Spartanburg SC renovated in 2025. Monthly rents on average are 40k. This 33 unit Motel sits on 1.78 acres, corner lot on main corridor into downtown Spartanburg.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$213 USD /SF

# OF ROOMS

32

PRICE/ROOM

$78,125 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

West Main Street Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1968

PARKING SPACES

31

LAND DETAILS

LAND ACRES

1.78 AC

LAND SF

77,661 SF

ZONING

G2

APN/PARCEL ID

7-11-16-039.00

ASK ABOUT THIS PROPERTY

Josh HakalaThe Founders GroupMore Info
864-404-9377

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Josh HakalaThe Founders GroupMore Info
864-404-9377

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