Hotel Aiken: Historic Hotel Redevelopment and Retail Opportunity | Aiken, SC

Call for Proposals: Proposals due by December 23, 2024

Please submit completed proposal to [email protected] and [email protected].

Proposals should include: Buyer’s name; Primary contact name, phone number and email address; Portfolio and list of historic projects; Purchase price; Earnest money deposit amount; Buyer’s source of funds; Due diligence period (seller’s guidance is 120 days); Closing date (seller’s guidance is 30 days after due diligence period); Concept plan and/or projected number of rooms, amenities, additional services and creative concepts and solutions; Any additional information the owner should know.

Description

For 125 years, Hotel Aiken has been a prominent feature of downtown Aiken. It anchors and dominates one end of the most significant commercial block of the City of Aiken, along Laurens Street between Park Avenue and Richland Avenue. It has hosted notable guests and events that reflect Aiken’s history. Now, the Hotel sits unused with immense potential. Colliers in collaboration with the City of Aiken and the local community has taken up the job of ensuring the Hotel is used to its full potential while honoring its rich history.

The Offering
The offering consists of a total of seven buildings located along Richland Avenue between Newberry and Laurens Streets in the heart of downtown Aiken. The offering includes a historic restoration development and mixed-use development opportunities for a combined ±62,719 square feet and approximately 1.36 acres. Tenant leases and financial information for existing retail spaces will be provided upon execution of CA/NDA.

About Aiken
​​​​​​​Nestled in the heart of South Carolina, Aiken is a city where history, charm and modern vitality converge, providing an intimately Southern experience. Established in the early 19th century, Aiken has a rich history rooted in equestrian heritage, cultural diversity and a strong sense of community. The city’s renowned training track has produced world-famous thoroughbreds, and its vibrant arts scene celebrates creativity in all forms, blending tradition with innovation.

Aiken’s historical significance includes the historic railroad that connected it to the rest of the country, fostering growth and development. The town’s importance grew further with the arrival of the Winter Colonists—Gilded Age elites who sought refuge from the cold Northeast winters. Their legacy of gracious living and love for equestrian activities continues to influence Aiken today.

Today, Aiken offers a variety of experiences for travelers to enjoy. Outdoor enthusiasts can explore picturesque trails and serene parks, shoppers can discover charming boutiques, culinary aficionados can savor new and exciting flavors, and history enthusiasts can delve into the city’s storied past. Visitors are encouraged to immerse themselves in Aiken’s historic streets and experience the essence of South Carolina’s Thoroughbred Country.

What distinguishes Aiken is its unique way of life—a blend of Southern hospitality, a profound connection to the equestrian world, and a dynamic cultural scene that honors both past and present.

For more information, download the flyer and contact the listing brokers.