Hotel Hammock

Hospitality for Sale
Catylist Listing ID: 30730576
Property Subtypes: Motel, Other
Number of Units: 2 Units
Building Size (RSF): 3,650 SF
Gross Building Area: See Agent
Gross Land Area: 0.58 Acres
Sale Price: $395,000
Unit Price: $197,500 Per Unit
Property Use Type: Investment, Vacant/Owner-User, Business
Name of Establishment: Hotel Hammock
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/24/2021

Overview / Comments

This unique historic Walterboro property underwent a complete renovation in 2012 and operated as Hotel Hammock Guest House from 2013 to 2018, a quaint boutique hotel for travelers and tourists along the I-95 corridor. Recently retired, the current owner is now ready to pass on the reins. The main structure consists of approximately 2700 sq ft and includes a large office/dining room, four guest suites with private baths and sitting areas, an additional 1/2 bath, gracious southern porches, and a laundry area. A detached 1BR/1BA cottage and a 24 X 24 metal storage building are also located on the property. Rare to this area, is a basement foundation and an old upstairs apartment which could be potentially revitalized as additional living spaces. Although previously operated as a motel, the general commercial zoning allows for a variety of uses including professional office space or retail.

Attachments & Media

Additional Details

Nearest MSA: Charleston-North Charleston
County: Colleton
Submarket/Township: 82 - Colleton County
Submarket Type: Central Business District
Taxing Authority: Walterboro
Tax ID/APN: 163-11-00-210
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: Jefferies Blvd Corridor (US Hwy 15) Between Exits #53 and #57 on I-95
Property Visibility: Excellent
Largest Nearby Street: Jefferies Blvd
Feet of Frontage: 105
Traffic/Vehicle Count: 17,000
Highway Access: Approximately 3 miles from I-95 Exits #53 and #57 along Hwy 15. The main corridor through Walterboro.
Site Description: Frontage on a four lane highway.
Area Description: Hotel Hammock is located along a four lane a general commercial district.
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Average
Year Built: 1932
Year Renovated: 2012
Roof Type: Gable
Construction/Siding: Wood Frame
Total Parking Spaces: 15
Parking Type: Surface
Sprinklers: None
Laundry: Shared
Heat Type: Electricity
Heat Source: Central
Internet Access: Fiber Optic
Lot Frontage: 105
Lot Depth: 221
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress
Easements Description: Shared Drive

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,449 9,830 13,967
Median Age: 40.15 40.36 39.32
Households: 1,357 3,905 5,364


© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither South Carolina Statewide Commercial MLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.