1901 Clark Avenue, Wellsville, OH 43968

$225,000

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Sold Price
$225,000
List Price
$225,000
Status
CLOSED
Days on Market
66
Closing Date
Jun 10, 2024
MLS#
224009998
Subtype
Commercial Sale
Lot Size
4,791
Acres
0.11

Property Description

Welcome to the former Town Inn Motel. Ready to reopen? Or would you prefer to turn this into long stay efficiency rental units? Could potentially generate thousands per month in income. For example $675/month per unit x 7 = $4,725. Solid ranch building with new roof, updated baths and fresh paint is ready to go and features six efficiency units, one double unit with living room, kitchen, bedroom and full bath, plus a dedicated office, utility/laundry room. Property also has an onsite overseer renting lot space for his home behind the motel. This creates an additional $170/month in pure revenue, plus added benefit of oversight! Should you decide to reopen as a motel, you will need to contact appropriate governmental agencies for paperwork and approval. Virtual tour and floorplan available.

Listing Courtesy of : Michelle Demopolis ---- Keller Williams Capital Ptnrs

Selling Office: NON MEMBER OFFICE.

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