Loyalty Inn - Charlotte NC

1240 Lucky Penny Street, Charlotte, NC 28208

  • For Sale $11,000,000
  • 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 15, 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.

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Contacts

broker

Charlotte Jones

KW Commercial| Keller Williams Town & Country

Location

Getting Around

  • Walk Score ®

    42/100 Car-Dependent
  • Transit Score ®

    40/100 Some Transit
  • Bike Score ®

    37/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

  • Wendy's

    0.34 miles

  • Pizza Hut

    0.50 miles

  • Taco Bell

    0.67 miles

  • Bojangles'

    0.86 miles

  • Domino's

    1.03 miles

  • McDonald's

    1.07 miles

  • KFC

    1.12 miles

  • Showmars

    1.21 miles

  • Cook Out

    1.25 miles

  • Jack in the Box

    1.34 miles

  • Thomasboro High School

    0.35 miles

  • Lakeview School

    1.01 miles

  • Harding University High School

    1.02 miles

  • Stewart Creek High School

    1.09 miles

  • Movement School

    1.12 miles

  • Allenbrook Elementary School

    1.33 miles

  • Bishop Spaugh Community Academy Middle School

    1.38 miles

  • Seversville School

    2.06 miles

  • Biddleville School

    2.21 miles

  • University Park Creative Arts Elementary School

    2.22 miles

  • Dilworth Child Development Center

    3.81 miles

  • Pride and Joy Daycare

    4.44 miles

  • Children's Academy

    4.73 miles

  • Childrens Academy-Lake Point

    4.74 miles

  • KinderCare

    6.29 miles

  • Gateway Academy Child Development Center

    7.34 miles

  • Primrose School of Lake Wylie at Steele Creek

    7.34 miles

  • Childcare Network

    7.38 miles

  • The Learning Experience

    7.47 miles

  • Dogwood Lane Children's Academy

    7.85 miles

Frequently Asked Questions

How much does Loyalty Inn - Charlotte NC cost?

The space currently listed for sale at Loyalty Inn - Charlotte NC asks for $11,000,000.

What is the total square footage of Loyalty Inn - Charlotte NC?

Loyalty Inn - Charlotte NC totals 62,076 square feet.

When was this property built?

Loyalty Inn - Charlotte NC was built in 1973.

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Contact Listing Broker

broker

Charlotte Jones

KW Commercial| Keller Williams Town & Country