Commercial Real Estate for Sale at 2321 Southgate in Cambridge, OH for $795,000

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2321 Southgate | Cambridge

$795,000 | 0.0 Sq. Ft.

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. MLSNow 5219638 Directions to property: Follow I-70 E to OH-209 W in Cambridge Township. Take exit 178 from I-70 E\r\nContinue on OH-209 W to your destination\r\n3 min (0.6 mi)

MLS Listing ID: 
MLSNow 5219638
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$795,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Hotel/Motel
Primary Market Area: 
Cambridge
Address: 
2321 Southgate, Cambridge, OH 43725
County: 
Guernsey
Latitude: 
39.9997058
Longitude: 
-81.5739260
Directions: 
Follow I-70 E to OH-209 W in Cambridge Township. Take exit 178 from I-70 E\r\nContinue on OH-209 W to your destination\r\n3 min (0.6 mi)
Public Remarks: 
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.
Community Information
School District: 
Rolling Hills LSD - 3003
Subdivision: 
Cambridge
Building Details
Details about the building on a property.
Year Built: 
1973
Living Area: 
0.0
Construction
Roof: 
Aluminum
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: 
Forced Air
Cooling System: 
Electric
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
4.33
Lot Size (Area): 
4.33
Lot Features
Parking Type: 
Additional Parking,Asphalt,Direct Access,Lighted
Public Record
Parcel Number: 
07-0000022.000
Annual Tax: 
$12,066.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Disclosures: 
Owner Is Listing Agent
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
NextHome New Horizons Equity Realty

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