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?currently used as office and storage space?adds 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. With 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're an investor seeking cash flow or a hands-on operator ready to expand, this property offers great potential!
Listed By
Agency Name: Benjamin D. Schafer Realty
Agency Contact: 740-305-5054, benschaferauctioneer@yahoo.com
Shown By
Agent Name: Terri Mariorana
Agent Phone: (330) 428-1044
Agency Title: Tanner Real Estate
107 S Paul Street | MLS# 5164568
This commercial property located at 107 S Paul Street, Woodsfield, OH 43793 is currently listed for sale with an asking price of $349,000. S Paul Street is located within the Switzerland of Ohio - 5601 school district. Search Woodsfield real estate on tmaiorana.tannerrealestate.net today.