±2.76 Acres | 115 Key Hotel | For Sale or Lease

3026 Washington Rd,
Augusta, GA 30907

Asset Snapshot

Full Service

Retail Subtype

1974

Year Built

Floor Count

Building Count

2.76 Acres

Land Area

Offering Summary

Investment Overview

3026 Washington Road is a ±2.76-acre, B-2 zoned commercial site on the Washington Road corridor in Augusta, Georgia. The property is made up of two parcels: a ±2.44 acre parcel improved with the 115-room Super 8 by Wyndham, and a separately parceled ±0.32 acre restaurant space that shares a party wall with the hotel. The hotel is a two-story, wood-frame, exterior-corridor building with ±56,903 SF of hospitality space plus the ±2,995 SF restaurant, for a total of ±59,898 SF. It opened in 1975, was renovated in 2009, and operates as an economy-class franchise under Wyndham Hotels & Resorts. Amenities include an outdoor pool, business center, and Wi-Fi, with 155 surface parking spaces (1.35 per room). The restaurant is fully built out with a commercial kitchen, dining room, and counter seating. The site is available for sale in its entirety, subdivided, or for ground lease. There are multiple opportunities included in this property: acquire an operating hotel, redevelop a well-located parcel in an active retail corridor, or ground lease one of the strongest locations available in the corridor. Current access is right-in/right-out off Washington Road, and the nearest signalized intersection is 338 feet from the site.