Newberry Hotel
25,000 SF Historic Mixed-Use Asset with Retail, Event & Residential Uses
Marketing description
The Newberry Hotel is a prominent two-story historic structure of approximately 25,000 square feet, located at the corner of Main Street and Caldwell Street in downtown Newberry. Originally constructed in 1878 in the Romanesque Revival architectural style, the property has long been a landmark within the community.
The second floor originally contained forty-five (45) hotel rooms, which have since been repurposed into a mix of apartments, studio spaces, and wedding and special-event venues. The first floor, which historically housed the hotel lobby, kitchen, and dining room, is now configured as event and venue space, while also featuring five (5) retail storefronts fronting the street.
Positioned within the Newberry submarket of the Columbia market, this property offers a rare opportunity to acquire a well-known, income-producing historic asset suitable for continued mixed-use operation, hospitality, retail, event use, or adaptive redevelopment.
Investment highlights
- Historic Newberry Hotel, built in 1878
- ±25,000 SF, two-story Romanesque Revival structure
- Located at the corner of Main St & Caldwell St in downtown Newberry
- Second floor includes former 45 hotel rooms, now configured as apartments, studios, and wedding/special event venues
- First floor features event/venue space in the former lobby, kitchen, and dining room
- Five (5) retail storefronts on the ground level
- Prominent downtown presence with strong visibility and pedestrian traffic
- Flexible mixed-use asset with income and redevelopment potential
- Located in the Newberry submarket within the Columbia market
- Ideal for hospitality, retail, event space, adaptive reuse, or investor ownership
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