710 Market St | Cheraw, SC 29520
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- LoopNet Team
710 Market St
Cheraw, SC 29520
Recently Renovated | Baymont Cheraw · Hospitality Property For Sale · 27,257 SF
Investment Highlights
- 710 Market Street is a 72-unit, two-story, exterior corridor Baymont by Wyndham offered fee simple, located in Cheraw, South Carolina.
- 710 Market Street is situated along US Highway 1, visible to 3,750 vehicles daily, and US Highway 52, exposed to over 7,300 cars daily.
- Ideally and centrally positioned with access to Columbia, 89 miles away, Charlotte, 74 miles away, and Myrtle Beach, 102 miles away.
- Recently renovated hotel offered with a long-term franchise agreement and an expected minimal change-in-ownership PIP.
- Opportunity for hands-on operators to improve revenue and NOI due to its current 47.5% RevPAR Penetration Index.
- Near multiple national retailers and service providers, including Walmart Supercenter, IGA, Hardee’s, Mobil, and more.
PROPERTY FACTS
| Sale Conditions | Auction Sale | Building Size | 27,257 SF |
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1952/2021 |
| Building Class | C | Parking Ratio | 3.16/1,000 SF |
| Lot Size | 2.15 AC | Corridor | Exterior |
| Sale Conditions | Auction Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.15 AC |
| Building Size | 27,257 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1952/2021 |
| Parking Ratio | 3.16/1,000 SF |
| Corridor | Exterior |
Amenities
- Business Center
- Fitness Center
PROPERTY TAXES
| Parcel Number | 259-004-009-023 | Improvements Assessment | $49,980 |
| Land Assessment | $8,820 | Total Assessment | $58,800 |
PROPERTY TAXES
Parcel Number
259-004-009-023
Land Assessment
$8,820
Improvements Assessment
$49,980
Total Assessment
$58,800
zoning
| Zoning Code | Neighborhood Commercial (Neighborhood Commercial) |
| Neighborhood Commercial (Neighborhood Commercial) |
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