2248 Southgate, Cambridge, OH 43725

$1,900,011

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Sold Price
$1,900,011
List Price
$2,650,000
Status
CLOSED
Days on Market
248
Closing Date
Jan 05, 2024
MLS#
4455527
Subtype
Commercial Sale
Year Built
1968
Acres
3.81

Property Description

Amazing opportunity knocks. The Southgate Hotel property has been a staple in Cambridge for many years. Offering 102 rooms. A banquet hall and reception area that is utilized all summer long as there are not many venues like this around town. Did I mention the Tiki Lounge bar. Well this is a full service bar with D5A and D6 licenses with the availability to serve until 2:30am. The bar also offers a pool table and dance floor and stage area for the many attractions they have every week. Outside the bar and reception area you will find the newer covered patio with tables to relax and enjoy the views of the pool area. On site laundry service. Meeting rooms and exercise room. Vending machines with ATM. Full service restaurant style kitchen. Huge walk in coolers. A large parking lot will accommodate any kind of vehicle. With over 3.8 acres located right next to I70/I77 interchange the location of this property could not be any better. Please call with any questions as there is just so much more to list.

Additional Information

Taxes
$20,319
Parking Features
Paved
School District
Cambridge CSD - 3001

Listing Courtesy of: Daniel L Robison III, drobison@lepirealestate.com With Lepi & Associates

Selling Office: Lepi & Associates.

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