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31115465
31115477

3340 W US Hwy 90, Lake City, FL 32055 For Sale

Mars Hotel & Zen Real Estate LLC
Listed by Mars Hotel & Zen Real Estate LLC
$3,995,000
124 days on market
Updated 11 days ago

Motel 6- Medical Center Lake City, FL

Details
Property Type Hospitality
Sub Type Hotel, Motel
Square Footage 23,500
Keys 60
Beds 103
Broker Co-Op No
Year Built 1963
Year Renovated 2026
Buildings 2
Stories 2
Lot Size (SqFt) 72,262
Zoning Commercial
Parking Spaces 70 spaces
Parking per 1,000 SqFt 2.98
Investment Type Owner/User
Ground Lease No
Ownership Fee Simple
Sale Condition For sale by owner

Newly renovated hotel in a perfect location. Located on I-75, commercial corridor.

Marketing description

Contemporary designed 60 unit, recently renovated hotel located just off the I-75 (best location in Lake City, FL). Rooms, Lobby and common areas are tastefully designed and furnished. A perfect opportunity for an owner/operator as current owner is absent and operated by a hired Manager. Easy transfer of franchise with minimal to no punch list. Short term owner financing with 20% down may be possible. Large 2 bedroom fully renovated manager’s apartment with Hitchko from India. Too many upgrade to list here so contact Owner right away.

Investment highlights

  • Fee-Simple Interest in the 64-Unit, 2-story interior/exterior corridor hybrid hotel in North Florida

  • Perfect for Owner-Operator or First-Time Buyers: Ideal for hands-on management to capitalize on revenue growth

  • PIP Renovations: Extensive upgrades in 2025 include exterior, new vanities, mirrors, lighting, and 50” smart TVs in all rooms, among many other improvements. Total of $1,200,000 of improvements including new roof.

  • Strategic Location in the North Florida commercial corridor: I-75 and other attractions drive consistent demand from energy workers, contractors, and corporate crews seeking long-term lodging.

  • Proximity to Gainesville & Jacksonville, FL: Just 45 miles north of Gainesville (UF) and 65 miles east of Jacksonville (3rd in the nation & 2nd best in Florida), Motel 6 benefits from spillover demand, easy access to the Orlando International Airport, and connectivity to major highways including I-75 and I-10.

  • Robust Local Demand Generators: The city is home to Columbia County government offices, medical centers, and regional schools, creating steady traffic from visiting professionals, families, and event attendees year-round.

  • Logistics & Workforce Hub: Lake City serves as a key lodging point for Target distribution center, freight operators, and construction crews working across North Florida, with limited local competition in economy segment and strong growth potential.

  • Investor-Friendly Market with Growth Upside: With low barriers to entry, favorable tax structures, and increasing infrastructure investment, Lake City offers a high-yield opportunity for hotel investors looking to capture underserved demand in a booming region.

Listing Contacts

Mars Hotel & Zen Real Estate LLC
Listed by Mars Hotel & Zen Real Estate LLC

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