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    56721 Ferry Landing Rd Shadyside, OH 43947

    Sponsored
    For Sale
    $765,000

    Restaurant, Motel, RV Potential

    Property size:
    4,712 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property in Shadyside, Ohio, presents a unique investment opportunity. The 1.85-acre lot encompasses three buildings totaling 4,712 square feet, built in 1963. The property includes a well-established local restaurant with indoor and outdoor seating, all equipment included. A four-unit motel features remodeled rooms with new mattresses. A three-bedroom, three-bathroom home is attached, ideal for owner occupancy or additional rental income. The property also boasts an inground pool, patio bar, and a fenced backyard. A vacant lot with existing septic previously housed RV sites, offering potential for future development. The asking price is $765,000 ($162.35/sq ft). This turnkey operation is ready for a new owner to continue its success. Serious inquiries only

    Property Features for 56721 Ferry Landing Rd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    4,712 SF
    Lot Size
    80,586 SF

    Building Details

    Year Built
    1963
    Buildings
    3
    Stories
    1
    Units
    4
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Spa & Massage Nail Salon Building Supply Auto Repair Shop Pharmacy Wholesale Shop Accounting Firm Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shadyside
    County
    Belmont
    State
    Ohio
    Longitude
    -80.768053
    Latitude
    39.9180514

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    FAQs

    What type of property is this?
    Mixed-use property - Restaurant, Motel, RV Potential
    Where is this mixed-use property located?
    The property is located at 56721 Ferry Landing Rd Shadyside, OH.
    What is the asking price?
    The asking price for this property is $765,000.
    Request Owner's contact information
    56721 Ferry Landing Rd Shadyside, OH 43947
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    Shadyside, OH 43947
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    56721 Ferry Landing Rd Shadyside, OH 43947
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