Melvin Williams
REALTOR®
MLS#5218611
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIONJm Browns West Pike Add
SCHOOLCambridge City
Property Description
Welcome to an exceptional investment opportunity nestled in Cambridge, Ohio. This property features a 6390 SQ FT, 2.3 Acre, 19-unit motel and a 2-bedroom apartment. Situated close to Interstate 70 and the Interstate 70-77 Interchange boasts the ease of convenience. In addition to the thriving motel business that has singles, doubles, and King bed suites, this property includes a cozy 2-bedroom apartment, perfect for generating additional rental income or providing accommodation for an on-site manager, enhancing the property's management efficiency. Expanding the income potential even further is a vacant lot that is situated beside the property offering endless possibilities for expansion or development. Also included is a 5-lot trailer park behind the motel that is fully equipped with public utilities. This property features 26 on-site parking spots, public utilities, coin laundry and excellent frontage to the highly trafficked RT 40 which offers additional upside potential. Recent updates in 2024 include a new roof, new exterior painting and new gutters. If you have considered being your own boss, then schedule your showing today to see if this is the business for you.
Property Features
Property Type: Commercial - Business
Basement: None
Cooling: Wall Unit(s)
Heating: Electric
Lot Size: 2.32 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $5,600 / year
Feature Descriptions
Building Features: Private Restrooms, Reception Area
Fencing: Chain Link
Laundry: Coin-operated
Parcel#: 02-0001510.000
Parking: Additional Parking, Asphalt, On Site, Paved
Security: Security System, Fire Alarm
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cambridge City
Listed By / Shown By
Listed By
Agency Name: RE/MAX Real Estate Partners
Agency Contact: 740-435-0003, accounting@remaxrepartners.com
Shown By
Agent Name: Melvin Williams
Agent Phone: (740) 296-1222
Agency Title: Sulek & Experts Real Estate
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6405 Glenn Highway | MLS# 5218611
This commercial property located at 6405 Glenn Highway, Cambridge, OH 43725 is currently listed for sale with an asking price of $700,000. Glenn Highway is located within the Cambridge City school district. Search Cambridge real estate on mwilliams.sulekandexperts.com today.