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29331247

427 S Main St, Statesboro, GA 30458 For Sale

EK
GA 14429
Berkshire Hathaway HomeServices Kennedy Realty
Listed by Berkshire Hathaway HomeServices Kennedy Realty
$14,200,000
178 days on market
Updated 178 days ago
Opportunity zone

Holiday Inn Express

Details
Property Type Hospitality
Sub Type Hotel, Motel

Hospitality

Marketing description

Offered at $14,200,000, this Holiday Inn Express represents an outstanding opportunity to acquire a recently renovated, institutional-quality hospitality asset in the heart of Statesboro, Georgia.

Situated at 427 S Main Street along the highly visible Blue Mile corridor, the property benefits from strong traffic counts and immediate access to downtown Statesboro, Georgia Southern University, East Georgia Regional Medical Center, and multiple regional demand drivers. The location consistently attracts university-related travel, corporate guests, sporting events, and year-round leisure traffic.

The hotel encompasses approximately 56,560 square feet and is positioned on 2.1 acres of commercially zoned land (HOC – Hotel/Office/Commercial). Originally constructed in 1997, the property underwent a complete renovation approximately seven years ago, bringing it to a like-new condition and allowing it to remain one of the top-rated hotels in the Statesboro market.

The offering includes the business, building, and land, providing investors with a fully operational, stabilized asset backed by a nationally recognized hospitality brand. With limited new hotel development in the immediate area and consistent market demand, this property presents an ideal opportunity for investors seeking durable cash flow, strong brand affiliation, and long-term growth in a thriving Southeast market.

Investment highlights

  • Flagged Holiday Inn Express with strong national brand recognition

  • Recently renovated (~7 years ago); maintained in like-new condition

  • 56,560± SF hotel situated on 2.1 acres

  • Zoned HOC (Hotel–Office–Commercial)

  • High-visibility location on Statesboro’s Blue Mile corridor

  • One of the top-rated hotels in the Statesboro market

  • Strong demand drivers including Georgia Southern University, medical centers, corporate travel, and sporting events

  • Sale includes business, building, and land

  • Public utilities and modern infrastructure, including 3-phase power

  • Limited new hotel development supporting long-term performance

  • Stabilized hospitality asset in a growing Southeast market

Listing Contacts

EK
GA 14429
Berkshire Hathaway HomeServices Kennedy Realty
Listed by Berkshire Hathaway HomeServices Kennedy Realty

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Additional Information

Name
Everett Kennedy
License
14429
Brokerage
BHHS Kennedy Realty
Title
Real Estate Broker
Brokerage Address
1000 Bermuda Run Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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