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Howard Johnson Hotel with On-Site Residence
For Sale
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2038 W Lucas St, Florence, SC 29501

Two-story limited-service property with infrastructure upgrades and a newly renovated two-bedroom, one-bathroom residence.

Property SizeContact for details
Lot Size3.73 Acres
Days on Market160

Property Features for 2038 W Lucas St

General Information

Standard status Active
Lot size 3.73 Acres
Property subtype Hospitality

Additional Details

Highway Access Yes

Building Details

Year Built 1970
Buildings 3
Stories 2
Construction concrete
Listing Agency: Colliers - Richmond, Virginia
Listed By: Prashant Merchant · License #VA 0225226862
Source: Crexi
Added: Mar 24 Changed: Aug 29 Last Checked: Aug 29 at 7:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Richmond, Virginia

Investment Insights

Based on property information with market context.

Howard Johnson by Wyndham Florence is a 106-room, two-story limited-service hotel with exterior corridors on approximately 3.73 acres. Built in 1970, the concrete-constructed property includes an on-site residence of approximately 1,100 square feet with two bedrooms, one bathroom, a new kitchen and appliances, updated bathroom, new AC unit, new water heater, 200-square-foot deck, and backyard.

The hotel has direct visibility and access to Interstate 95, which carries approximately 54,000 vehicles per day. Property improvements include electrical and plumbing updates, sewerage pumps, exterior and parking lot lighting, brand signage, water heaters, roof fascia repairs, and ongoing guestroom conversion to vinyl flooring. A new 15-year Wyndham franchise agreement was executed in May 2025.

Two rooms are currently offline, leaving the property below its full 106-room capacity. The offering is fee simple, unencumbered by debt, and free of third-party management.

Key Highlights

  • 106‑room, two‑story hotel on approximately 3.73 acres
  • Direct visibility and access to Interstate 95; approximately 54,000 vehicles per day
  • New 15‑year Wyndham franchise agreement executed in May 2025

Property Analytics

Current Use

Howard Johnson by ... Hotel & Motel

Suggested Use

Top Pick Electrical Service Hair Salon Pharmacy Auto Parts Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

176
Businesses Nearby

Demographics for 29501, SC

46,528
Population
20,713
Households
2.2
Avg Household Size
40
Median Age
33%
College-Educated
93%
High-School Grad
52.4 sq mi
ZIP Area
888
Density / Sq Mi
$70,618
Median Household Income
$46,246
Median Earnings
$995
Median Rent
$220,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Two-story limited-service property with infrastructure upgrades and a newly renovated two-bedroom, one-bathroom residence.
Where is this hotel located?
The property is located at 2038 W Lucas St Florence, SC.
What are key features of this property?
This property features: 106‑room, two‑story hotel on approximately 3.73 acres; Direct visibility and access to Interstate 95; approximately 54,000 vehicles per day; New 15‑year Wyndham franchise agreement executed in May 2025
(803) 254-2300 Call to check price and availability
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