Hotel Aiken: Historic Renovation/Retail
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Hotel Aiken: Historic Renovation/Retail
6 Properties in Aiken, SC
Investment Highlights
- ±62,719 square feet and ±1.36 acres available along Richland Avenue in downtown Aiken, SC
- Located in the heart of downtown Aiken, SC (population 32,025) with great visibility along its main thoroughfares
- Proximity to USC Aiken campus, local hotspots including Hitchcock Woods and Aiken's premier equestrian and golf facilities
- Offering consists of existing retail spaces open for complete redevelopment and an ±28,406-square-foot hotel approved for historical restoration and e
- Within walking distance of Aiken's finest food, beverage, retail and entertainment locations
- Eligible for specialty/historical tax credits
Executive Summary
Call for Proposals: Proposals due by December 23, 2024
Please submit completed proposal to tommy.tapp@colliers.com and alia.bostaji@colliers.com.
Proposals should include: Buyer’s name; Primary contact name, phone number and email address; Portfolio and list of historic projects; Purchase price; Earnest money deposit amount; Buyer’s source of funds; Due diligence period (seller’s guidance is 120 days); Closing date (seller’s guidance is 30 days after due diligence period); Concept plan and/or projected number of rooms, amenities, additional services and creative concepts and solutions; Any additional information the owner should know.
For 125 years, Hotel Aiken has been a prominent feature of downtown Aiken. It anchors and dominates one end of the most significant commercial block of the City of Aiken, along Laurens Street between Park Avenue and Richland Avenue.
The offering consists of a total of seven buildings located along Richland Avenue between Newberry and Laurens Streets in the heart of downtown Aiken. The offering includes a historic restoration development and mixed-use development opportunities. Full OM including tenant leases and financial information will be provided upon execution of CA/NDA.
Please submit completed proposal to tommy.tapp@colliers.com and alia.bostaji@colliers.com.
Proposals should include: Buyer’s name; Primary contact name, phone number and email address; Portfolio and list of historic projects; Purchase price; Earnest money deposit amount; Buyer’s source of funds; Due diligence period (seller’s guidance is 120 days); Closing date (seller’s guidance is 30 days after due diligence period); Concept plan and/or projected number of rooms, amenities, additional services and creative concepts and solutions; Any additional information the owner should know.
For 125 years, Hotel Aiken has been a prominent feature of downtown Aiken. It anchors and dominates one end of the most significant commercial block of the City of Aiken, along Laurens Street between Park Avenue and Richland Avenue.
The offering consists of a total of seven buildings located along Richland Avenue between Newberry and Laurens Streets in the heart of downtown Aiken. The offering includes a historic restoration development and mixed-use development opportunities. Full OM including tenant leases and financial information will be provided upon execution of CA/NDA.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 50,959 SF |
| Number of Properties | 6 | Total Land Area | 6,308.90 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 6 |
| Individually For Sale | 0 |
| Total Building Size | 50,959 SF |
| Total Land Area | 6,308.90 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 106 Laurens St SW, Aiken, SC 29801 | Retail | 10,054 SF | 1920 | - |
|
Hotel Aiken
235 Richland Ave W, Aiken, SC 29801 |
Hospitality | 28,406 SF | 1898 | - |
| 203 Richland Ave W, Aiken, SC 29801 | Retail | 2,898 SF | 1920 | - |
| 211 Richland Ave W, Aiken, SC 29801 | Retail | 3,330 SF | - | - |
| 113 Newberry St SW, Aiken, SC 29801 | Retail | 4,280 SF | 1920 | - |
| 203 Richland Ave W, Aiken, SC 29801 | Retail | 1,991 SF | - | - |
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Hotel Aiken: Historic Renovation/Retail
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