1201 Schley Avenue, Albany, GA 31707
sale
$3,000,000
|
Other
Courtesy Of Dove Realty, Inc.
Located directly off Highway 82, Kings Inn presents a rare opportunity to acquire a large, well-positioned hospitality asset with significant upside and expansion potential. This offering includes two separate parcels totaling 8.88 acres, combining an operating motel with additional development-ready land in a highly desirable commercial corridor. Parcel 1 consists of the Kings Inn motel situated on 4.1 acres, featuring 119 units across five buildings. The property benefits from excellent highway visibility, strong accessibility, and close proximity to a wide range of surrounding amenities, including dining, retail, and major traffic generators. Zoned C-3, this parcel allows for a broad range of uses including hotels/motels, most residential types (excluding mobile homes), day care facilities, retail sales, retail storage, and eating/drinking establishments. Parcel 2 includes an additional 4.78 acres of wooded land, offering a blank slate for future development. Zoned M-1, this parcel supports a variety of commercial uses such as day cares, retail sales, retail storage, and eating/drinking establishments, making it ideal for complementary development or a standalone project. This combined offering provides multiple paths for investors, owner-operators, and developers whether stabilizing and enhancing the existing motel operation, redeveloping portions of the site, or capitalizing on the flexible zoning and excess land for new construction. With strong frontage near Highway 82, favorable zoning, and expansion potential, Kings Inn represents a compelling investment opportunity in a growing and amenity-rich location.
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Property Features
- Amenities: Disabled Access
- Architecture Style: Other
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Cement Siding
- Floors: 1
- Heating System: Wall Furnace
- Legal Description: LOT 19 ZONE C3
- MLSID: 147062
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