2321 Southgate, Cambridge, OH 43725
- $795,000
- List Price
- $795,000
- Status
- ACTIVE
- Days on Market
- 46
- MLS#
- 5219638
- Subtype
- Commercial Sale
- Year Built
- 1973
- Acres
- 4.33
- Subdivision
- Cambridge
- Neighborhood
- Cambridge
- MLS Area Major
- Cambridge
Property Description
Great investment opportunity! Come down to the Cambridge Motel and see if you want to be its next owner! Over 31,000sf of gross building area! With monthly revenue over $18,000. Owner has made lots of improvements: new concrete work and drainage system, floor joists and sub floor, gutters, updated plumbing and over 30 new doors installed. 40 updated rooms already generating income, 10 additional rooms in various stages of renovation. 5 buildings in total with 2 buildings ready to have your own spin put on them. There is an established extended-stay and workforce housing tenant base right on I70 with strong visibility and accessibility. Near Cambridge Downtown, Salt Fork, and at the interchange of I70/I77. With 4.53 acres you have a large site for future expansion and growth.
Additional Information
- Taxes
- $12,066
- Zoning
- Commercial
- Heating
- Forced Air
- Air Conditioning
- Electric
- Roof
- Aluminum
- Parking Features
- Additional Parking, Asphalt, Direct Access, Lighted
- School District
- Rolling Hills LSD - 3003
Listing Courtesy of: Charlotte Landry, charlie9109@gmail.com With NextHome New Horizons Equity Realty
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