710 Market St | Cheraw, SC 29520
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This Hospitality Property is no longer advertised on LoopNet.com.
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 Condition | Auction Sale | Building Size | 27,257 SF |
| Type of Ownership | Fee Simple | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1952/2021 |
| Property Subtype | Hotel | Parking Ratio | 3.16/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 2.15 AC | Parcel Number | 259-004-009-023 |
| Zoning | Neighborhood Commercial - Neighborhood Commercial | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| 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 |
| Zoning | Neighborhood Commercial - Neighborhood Commercial |
| Parcel Number | 259-004-009-023 |
AMENITIES
- Business Center
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Listing ID: 29451780
Date on Market: 9/6/2023
Last Updated:
Address: 710 Market St, Cheraw, SC 29520
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