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.
Listed By
Agency Name: NextHome New Horizons Equity Realty
Agency Contact: 833-843-6398, asmignano@gmail.com
Shown By
Agency Title: M.C. Real Estate
Agency Phone: (330) 723-9911
2321 Southgate | MLS# 5219638
This commercial property located at 2321 Southgate , Cambridge, OH 43725 is currently listed for sale with an asking price of $795,000. Southgate is located within the Rolling Hills Local school district. Search Cambridge real estate on www.mcrealestateohio.com today.