Commercial Real Estate for Sale at 107 S Paul Street in Woodsfield, OH for $389,000

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107 S Paul Street | Woodsfield

$389,000 | 0.0 Sq. Ft.

Welcome to a fantastic investment opportunity in the heart of Woodsfield, Ohio! This fully operational 8-unit motel offers a mix of five 2-bedroom units and three 1-bedroom units, each equipped with Fredrickson P-Tech 200-amp heating and cooling units updated in 2016. Guests enjoy a small common area with a vending machine and ice maker, plus a private laundry room featuring two washers and two dryers for added convenience. A separate 2-bedroom apartment\u2014currently used as office and storage space\u2014adds versatility and could easily be converted into a long-term rental for additional income. Recent updates include a new metal roof (2023) and a new furnace in the office area (2019). Furnishings stay with the property, making this a true turnkey investment.\r\nWith a prime downtown location, this property offers multiple options: continue operating as a motel/short-term rental business, or convert to apartments for long-term tenants. Whether you\u2019re an investor seeking cash flow or a hands-on operator ready to expand, this property offers great potential! MLSNow 5164568 Directions to property: Start Exit 25/Caldwell/N Take ramp. Go for 0.2 mi. Turn right onto McConnelsville Rd (OH-78). Go for 30.0 mi. Turn right onto S Paul St. Go for 299 ft. Signs will be posted.

MLS Listing ID: 
MLSNow 5164568
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$389,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Hotel/Motel
Primary Market Area: 
Woodsfield
Address: 
107 S Paul Street, Woodsfield, OH 43793
County: 
Monroe
Latitude: 
39.7617070
Longitude: 
-81.1152770
Directions: 
Start Exit 25/Caldwell/N Take ramp. Go for 0.2 mi. Turn right onto McConnelsville Rd (OH-78). Go for 30.0 mi. Turn right onto S Paul St. Go for 299 ft. Signs will be posted.
Public Remarks: 
Welcome to a fantastic investment opportunity in the heart of Woodsfield, Ohio! This fully operational 8-unit motel offers a mix of five 2-bedroom units and three 1-bedroom units, each equipped with Fredrickson P-Tech 200-amp heating and cooling units updated in 2016. Guests enjoy a small common area with a vending machine and ice maker, plus a private laundry room featuring two washers and two dryers for added convenience. A separate 2-bedroom apartment\u2014currently used as office and storage space\u2014adds versatility and could easily be converted into a long-term rental for additional income. Recent updates include a new metal roof (2023) and a new furnace in the office area (2019). Furnishings stay with the property, making this a true turnkey investment.\r\nWith a prime downtown location, this property offers multiple options: continue operating as a motel/short-term rental business, or convert to apartments for long-term tenants. Whether you\u2019re an investor seeking cash flow or a hands-on operator ready to expand, this property offers great potential!
Community Information
School District: 
Switzerland of Ohio - 5601
Subdivision: 
Town/Woodsfield
Building Details
Details about the building on a property.
Stories: 
1
Year Built: 
1959
Living Area: 
0.0
Basement: 
Finished,Concrete,Walk-Up Access
Construction
Foundation Details: 
Basement,Block
Roof: 
Metal
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Electric,Forced Air,Gas
Cooling System: 
Central Air,Electric,Wall Unit(s)
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.2
Lot Size (Area): 
0.2
Lot Features
Parking Type: 
Common,Direct Access,Parking Lot
Total Parking Spaces: 
10
Fence: 
None
Public Record
Parcel Number: 
05-370502.1100
Annual Tax: 
$2,763.00
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Benjamin D. Schafer Realty

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