460 Lane Ave, Jacksonville, FL 32254
73 Hotel Rooms | Online Auction Sale | Jacksonville, FL 32254
For Sale
Active
24 pictures
- Property Type
-
Hospitality
- Square Feet
- 34,623 SF
Listing Contacts
Kent Hricko
Sophy Cardenas
- Property Info
Property Overview
Jax Inn, located at 460 Lane Avenue S, is a 73-key independent hospitality asset situated directly off Interstate 10 in Jacksonville, Florida. The vibrant city is home to a wealth of leisure demand drivers, including the Jacksonville Zoo and Gardens, Little Talbot Island State Park, St. Johns Town Center, TIAA Bank Field, the Jacksonville Jaguars, and more.
460 Lane Avenue S presents an exceptional opportunity to acquire a profitable hotel in a primary market with strong tourism. Although the property is currently unbranded, a new owner could flag the hotel with a national brand to improve occupancy figures. Additional upside potential exists through the implementation of aggressive marketing strategies and operational initiatives to increase performance and revenue.
Jacksonville is the largest city by land area in the United States and the 12th-largest city by population. The area is distinguished by its growing population, strong economy, diverse culture, recreational opportunities, and abundant natural resources, making it an ideal location for new investment. Hotel demand generated by the city’s business community is supplemented by leisure travel drawn to the area's beaches and recreation areas. Jacksonville International Airport is an important gateway for the local business community, the hospitality industry, and cruise passengers. The airport, located about 20 minutes from Jax Inn, handles about 6 million passengers annually and offers nonstop flights to most major cities in the US.
Jacksonville is a large commercial and financial center with the most northern feel among large cities in Florida. Modern skyscrapers line a well-defined downtown and waterfront area, and the city spreads in all directions, especially south and west. Jacksonville is the most populous city in Florida and the largest city by area in the contiguous United States. Jacksonville has an estimated population of over 902,000 residents. Jacksonville is in the First Coast region of northeast Florida and is centered on the banks of the St. Johns River, about 25 miles south of the Georgia State line. The Jacksonville Beaches communities are along the adjacent Atlantic Coast.
Property tours are available by appointment only. Please contact the listing broker to schedule.
460 Lane Avenue S presents an exceptional opportunity to acquire a profitable hotel in a primary market with strong tourism. Although the property is currently unbranded, a new owner could flag the hotel with a national brand to improve occupancy figures. Additional upside potential exists through the implementation of aggressive marketing strategies and operational initiatives to increase performance and revenue.
Jacksonville is the largest city by land area in the United States and the 12th-largest city by population. The area is distinguished by its growing population, strong economy, diverse culture, recreational opportunities, and abundant natural resources, making it an ideal location for new investment. Hotel demand generated by the city’s business community is supplemented by leisure travel drawn to the area's beaches and recreation areas. Jacksonville International Airport is an important gateway for the local business community, the hospitality industry, and cruise passengers. The airport, located about 20 minutes from Jax Inn, handles about 6 million passengers annually and offers nonstop flights to most major cities in the US.
Jacksonville is a large commercial and financial center with the most northern feel among large cities in Florida. Modern skyscrapers line a well-defined downtown and waterfront area, and the city spreads in all directions, especially south and west. Jacksonville is the most populous city in Florida and the largest city by area in the contiguous United States. Jacksonville has an estimated population of over 902,000 residents. Jacksonville is in the First Coast region of northeast Florida and is centered on the banks of the St. Johns River, about 25 miles south of the Georgia State line. The Jacksonville Beaches communities are along the adjacent Atlantic Coast.
Property tours are available by appointment only. Please contact the listing broker to schedule.
Property Details
- Class
- C
- Year Built/Renovated
- 1973/2005
- Stories
- 2
- Property Subtype
- Hotel
- Lot Size (sq. ft)
- 108,029 SF
- Units
- 73
Highlights
- Well-maintained 73-key independent hotel centrally located in Jacksonville, Florida.
- Strategically positioned just off the Interstate 10/Interstate 295 interchange, providing exceptional accessibility for hotel guests.
- Advantageous opportunity to acquire an income-producing hotel with future national branding potential.
- Developed on an expansive 2.48 acres featuring a large outdoor pool with a lounge area and ample parking for cars and oversized vehicles.
- Situated within a dense retail corridor, surrounded by national brands like Publix, CVS, The Home Depot, Lowe’s, Walmart Supercenter, and McDonald’s.
- Jacksonville is a tourism hotspot with approximately 58,000 daily visitors and nearly $3.8 billion spent annually in Duval County.
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