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Listed by Jason Dove Dove Realty, Inc.
$ 3,000,000
Est. payment /mo
Active
1201 Schley Avenue Albany, GA 31707
6,384 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,384 sqft
Price per Sqft $469
Subdivision Ind-Palmyra North
MLS Listing ID 147062
HOA Y/N No
Year Built 1987
Lot Size 8.880 Acres
Lot Dimensions 8.88
Property Sub-Type Commercial
Property Description
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.
Location
State GA
Area 11-Other
Zoning C3-M1
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Exterior
Exterior Feature Sign(s), Lighting
Parking Features Paved
Garage Spaces 1.0
View Y/N No
Building
Story 1
Level or Stories One
Others
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