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West Main Street Motel 700 W Main St 32 Room Hotel Spartanburg, SC 29301 $2,500,000 ($78,125/Room)
Investment Highlights
- Corner lot on main road entering downtown Spartanburg
- Extended Stay/Workforce Housing
- 2025 Renovation
Executive Summary
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.
Data Room Click Here to Access
Property Facts
| Price | $2,500,000 | Building Size | 11,739 SF |
| Price Per Room | $78,125 | No. Rooms | 32 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1968 |
| Property Subtype | Hotel | Parking Ratio | 3.07/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.78 AC | Opportunity Zone |
Yes
|
| Zoning | G2 | ||
| Price | $2,500,000 |
| Price Per Room | $78,125 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.78 AC |
| Building Size | 11,739 SF |
| No. Rooms | 32 |
| No. Stories | 1 |
| Year Built | 1968 |
| Parking Ratio | 3.07/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | G2 |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 32 | $50.00 | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 7-11-16-039.00 | Improvements Assessment | $44,436 |
| Land Assessment | $9,564 | Total Assessment | $54,000 |
Property Taxes
Parcel Number
7-11-16-039.00
Land Assessment
$9,564
Improvements Assessment
$44,436
Total Assessment
$54,000
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Contact the Sale Advisor
West Main Street Motel | 700 W Main St