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Red Roof Inn Hotel
For Sale
$5,250,000

2690 David H McLeod Blvd, Florence, SC 29501

The two-story lodging property is located along David H. McLeod Boulevard near I-20.

Property SizeContact for details
Days on Market14

Property Features for 2690 David H McLeod Blvd

General Information

Standard status Active
Property subtype Hotel-Motel

Site & Location

Highway Access Yes
Road Access Yes

Amenities

Fee-simple interest in the 112-room, two-story Red Roof Inn located in Florence, South Carolina
Prime commercial location just off I-20 and minutes from I-95, providing connectivity throughout the East Coast
Steps to the Florence Center, a 10,000-seat venue hosting concerts, conventions, and sporting events
Walking distance to Magnolia Mall, Florence Veterans Park and a dense concentration of restaurants, retailers and entertainment
4 miles to Florence Sports Complex, Florence has emerged as one of the top sports tourism markets in the Southeast

Building Details

Year Built 1987
Stories 2
Listed By: Jack Davis · License #License(s): SC: 92795, NC: LC896
Source: Marcusmillichap
Added: Sep 30 Changed: Oct 8 Last Checked: Oct 12 at 4:51PM

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 Jack Davis

Investment Insights

Based on property information with market context.

This two-story Red Roof Inn in Florence contains 112 guest rooms and was built in 1987. The hotel is situated on David H. McLeod Boulevard, just off I-20, with I-95 also within reach.

Area destinations include the Florence Center, Magnolia Mall, Florence Veterans Park, Darlington Raceway, and nearby athletic facilities. Restaurants, retailers, and entertainment venues are also concentrated in the surrounding area. The property draws from interstate, corporate, healthcare, sports-tourism, and leisure demand across the Pee Dee region, alongside Florence’s manufacturing economy and regional healthcare systems.

Key Highlights

  • 112‑room hotel operating under the Red Roof Inn name
  • Two‑story building constructed in 1987
  • Along David H. McLeod Boulevard, just off I‑20

Property Analytics

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Current Use

Red Roof Inn ... Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm HVAC Service Electrical Service Storage Facility

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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

336
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
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Frequently Asked Questions

What type of property is this?
Hotel - The two-story lodging property is located along David H. McLeod Boulevard near I-20.
Where is this hotel located?
The property is located at 2690 David H McLeod Blvd Florence, SC.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: 112‑room hotel operating under the Red Roof Inn name; Two‑story building constructed in 1987; Along David H. McLeod Boulevard, just off I‑20
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