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6405 Glenn Hwy
Cambridge, OH 43725

$675,000 USD

Hotel For Sale  •  6,390 SF

Property Details

  • Property Type Hotel
  • Total Building Size 6,390 SF
  • Lot Size 2.3 AC
  • Building Class C
  • Year Built 1964
  • Zoning GSC
10 Transit Score
20 Walk Score

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 used for management quarters. 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.

Highlights

Active Hotel Business with all furnishings included.
Potential for new owners to live at in the attached apartment.

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 25
Type: Surface
Included in Rent: Yes
Heather Byard 740-630-1345 RE/MAX Real Estate Partners
Heather Byard 740-630-1345 RE/MAX Real Estate Partners