Loyalty Inn - Charlotte NC

For Sale

1240 Lucky Penny Street, Charlotte, NC 28208

This Charlotte property for sale is located at 1240 Lucky Penny Street. The current listed sale price for Loyalty Inn - Charlotte NC is $11,000,000. Loyalty Inn - Charlotte NC is situated on a lot that is 4.85 acre in size.

Contacts

broker

Charlotte Jones

KW Commercial| Keller Williams Town & Country

Property Details

  • Property Type Other
  • Units 0
  • Lot Size 4.85 Acre
  • Additional Rent Contact for pricing
  • # of Floors 2
  • Building Class C
  • Year Built 1973
  • Year Renovated 2024
  • Date Updated Nov 20, 2024

Loyalty Inn, Charlotte, NC being offered for sale. The property now has 4 buildings with a total of 153 rooms on 4.85 acres. At this time 103 rooms have been approved for multi family studios. The exterior corridor property sits off I-85, is two story and was built in 1973. Multiple large 312+ SF rooms  and suites, provide opportunity to add full kitchenettes. Amenities include a 250 SF meeting room, guest laundry room and outdoor pool. Most rooms have recently been updated with new LVP flooring, fresh paint, updated plumbing, new PTAC units and furniture. New exterior LED lighting and DVR camera system has been installed.  Management is currently offering daily and weekly rates. High demand in the area promises continued opportunity for growth and profitability. Charlotte is one of the fastest-growing cities in the United States, with it’s strategic location on the East Coast, a hub for transportation and logistics. The city has a well-developed infrastructure, including major highways, railroads, and the Charlotte Douglas International Airport, one of the busiest airports in the country, just 4 miles from the property. It’s robust and diverse economy is driven by sectors such as finance, healthcare, energy, and technology. It is the second-largest banking center in the U.S., home to major financial institutions like Bank of America and Wells Fargo. Charlotte boasts a highly educated and skilled workforce, thanks in part to the presence of several universities and colleges, including the University of North Carolina at Charlotte.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 42/100

    Walk Score ®

  • 40/100

    Transit Score ®

  • 37/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Charlotte, NC
  • Neighborhood Thomasboro - Hoskins
  • Zip Code 28208
  • Market Charlotte

Points of Interest

  • Johnson C. Smith University

    2.19 miles

  • French Street

    2.24 miles

  • Bruns Avenue

    2.25 miles

  • Wesley Heights

    2.30 miles

  • Irwin Avenue

    2.67 miles

  • Johnson & Wales

    2.83 miles

  • Gateway Station

    3.02 miles

  • Mint Street

    3.18 miles

  • Tryon Street

    3.38 miles

  • Taxi Rank

    3.38 miles

  • Exxon

    0.48 miles

  • EVgo

    0.48 miles

  • QuikTrip

    1.43 miles

  • Shell

    1.70 miles

  • Murphy USA

    1.75 miles

  • Mystik

    1.77 miles

  • Marathon

    1.80 miles

  • 7-Eleven

    1.81 miles

  • Tesla Destination Charger

    2.51 miles

  • ChargePoint

    3.04 miles

  • Charlotte Park 'N Go

    2.33 miles

  • TNC Staging Lot

    2.37 miles

  • Business Valet 1

    2.50 miles

  • Employee Lot 3

    2.59 miles

  • Business Valet 2

    2.61 miles

  • Employee Lot 2

    2.62 miles

  • Long Term 4

    2.74 miles

  • Cedar Street Parking Deck

    2.82 miles

  • Employee Lot 4

    2.84 miles

  • Lot A

    2.88 miles

  • Charlotte Express Inn

    0.01 miles

  • Southern Comfort Inn

    0.37 miles

  • Econo Lodge Charlotte Airport Area

    0.48 miles

  • Rodeway Inn

    1.28 miles

  • Quality Inn & Suites Airport

    1.42 miles

  • Super 8 by Wyndham Charlotte Airport North

    1.42 miles

  • SpringHill Suites Charlotte Airport

    1.52 miles

  • La Quinta Inn & Suites Charlotte Airport North

    1.53 miles

  • Baymont Charlotte-Airport Coliseum

    1.57 miles

  • Microtel Inn & Suites by Wyndham Charlotte Airport

    1.57 miles

  • Harveys Supermarket

    0.73 miles

  • Compare Foods

    1.16 miles

  • ALDI

    1.29 miles

  • Walmart Supercenter

    1.68 miles

  • Food Lion

    2.42 miles

  • Paso Super Market

    2.96 miles

  • Harris Teeter

    3.24 miles

  • Whole Foods Market

    3.46 miles

  • Publix

    3.58 miles

  • Target

    4.29 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Charlotte Jones

KW Commercial| Keller Williams Town & Country