Business Overview:
For sale is a vacant three story 48 room hotel in the heart of downtown Greenwood, South Carolina. The hotel sits on the busy corner of south main street (U.S. Highway 25) and East Court Avenue. The insurance news network was formerly branded as a “Clarion Collection” hotel.
Hotel is 36,543 square feet 3 story building on 0.547 acres. Public utilities are available to the property.
All furnishings and fixtures are included in the sale.
Hotel would also make for a perfect conversion project to an upscale assisted living facility. The first floor provides guests with sitting areas with a three story atrium as well as a lobby area, reception desk, office, restaurant, pub/bar, meeting/banquet rooms and restrooms. Elevators to the 2nd and 3rd floor guestrooms are located near the registration desk. Guestrooms are configured around the atrium with the remainder of rooms having exterior views.
A 2006 appraisal valued the property at $2,300,000 and the Owners have since put in $650,000 worth of improvements in 2008. The seller is open to all reasonable offers and looking for a qualified buyer who can close the deal quickly.
Please email me for more information, pictures, etc.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Located in the heart of downtown Greenwood, South Carolina. The hotel sits on the busy corner of south main street (U.S. Highway 25) and East Court Avenue.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: