Motel with Renovated
For Sale
$795,000
2321 Southgate, Cambridge, OH 43725
Five-building hospitality property with updated guest rooms, additional rooms under renovation, and extended-stay occupancy near major highway access.
Property Size29,952 SF
Lot Size4.53 Acres
Price / SF$26.54
Days on Market16
Property Features for 2321 Southgate
General Information
Standard status
Active
Size
29,952 SF
Lot size
4.53 Acres
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1973
Buildings
5
Tenancy
Multi
Listing Agency:
NextHome New Horizons Equity Realty
(833) 843-6398
Listed By:
Charlotte Landry · License #2021007958,PersonLicenseNumber
Source:
Theacclaimedrealty
Added: Aug 15
Changed: Aug 30
Last Checked: Aug 30 at 7:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NextHome New Horizons Equity Realty
Investment Insights
Based on property information with market context.
The Cambridge Motel comprises five buildings on a 4.53-acre site, with 40 updated rooms and 10 additional rooms in various stages of renovation. Capital improvements include concrete and drainage work, floor joists and subfloor repairs, gutters, plumbing updates, and more than 30 new doors. Two buildings are positioned for further customization, while the property retains an established extended-stay and workforce housing tenant base.
Built in 1973, the motel is located along I-70 near the I-70/I-77 interchange, providing highway access and visibility. The property is also near Cambridge Downtown and Salt Fork, with a site area that supports future expansion potential as described in the property information.
Built in 1973, the motel is located along I-70 near the I-70/I-77 interchange, providing highway access and visibility. The property is also near Cambridge Downtown and Salt Fork, with a site area that supports future expansion potential as described in the property information.
Key Highlights
- 40 updated rooms currently in operation
- 10 additional rooms in various stages of renovation
- Five buildings across a 4.53‑acre site
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
142
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 43725, OH
19,520
Population
9,667
Households
2
Avg Household Size
43
Median Age
17%
College-Educated
88%
High-School Grad
124.2 sq mi
ZIP Area
157
Density / Sq Mi
$51,612
Median Household Income
$35,781
Median Earnings
$789
Median Rent
$160,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Motel - Five-building hospitality property with updated guest rooms, additional rooms under renovation, and extended-stay occupancy near major highway access.
Where is this motel located?
The property is located at 2321 Southgate Cambridge, OH.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 40 updated rooms currently in operation; 10 additional rooms in various stages of renovation; Five buildings across a 4.53‑acre site
