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West Main Street Motel 700 W Main St 32 Room Hotel Spartanburg, SC 29301 $3,513,250 CAD ($109,789 CAD/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.
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Property Facts
| Price | $3,513,250 CAD | Building Size | 11,739 SF |
| Price Per Room | $109,789 CAD | 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 | $3,513,250 CAD |
| Price Per Room | $109,789 CAD |
| 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 | $70.27 CAD | - |
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 | $62,446 CAD |
| Land Assessment | $13,440 CAD | Total Assessment | $75,886 CAD |
Property Taxes
Parcel Number
7-11-16-039.00
Land Assessment
$13,440 CAD
Improvements Assessment
$62,446 CAD
Total Assessment
$75,886 CAD
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West Main Street Motel | 700 W Main St
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