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Property profile & analytics
OFF-MARKET
Motels

2340 Dresden Ave East Liverpool, OH 43920-9007

72,816 SF 8.61 ac lot Built 1982
Entity Owned 3-yr Hold Free & Clear
Property ID
US66-6129836
Property summary
AI-generated overview

This exceptional 82,000 square foot property, located at 2340 Dresden Ave in East Liverpool, Ohio, presents a unique redevelopment opportunity. Originally constructed in 1982 as a motor lodge, this two-story building sits on an expansive 8.6-acre lot and boasts 71 existing hotel rooms. The property includes a range of amenities, such as an indoor pool, a fitness center, multiple banquet rooms, and a sizable ballroom. A full-service restaurant is also present, complete with a commercial kitchen and substantial cooler and freezer storage. Currently vacant, the property offers significant potential for various uses, allowing for creative vision and adaptation to meet diverse market demands. The asking price is $695,000, translating to $8.48 per square foot. Its prime location in Columbiana County, Ohio, and substantial size make this a compelling investment prospect for developers and entrepreneurs seeking a large-scale project with considerable upside. The property's existing infrastructure, including the restaurant and event spaces, provides a solid foundation for a variety of future ventures. With its ample space and numerous possibilities, this property is poised for a successful transformation. The zip code is 43920.

Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1982
Total area 72,816 SF
Lot 8.61 ac (375,139 SF)
APN 37-11578-000
UPID US66-6129836
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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by Request
Owner & transaction history
River Town Center LLC · 3 yrs held
River Town Center LLC
since 2022
Last sale
$200,000
4 recorded transactions
2022
Price N/A
2022
Price N/A
2021
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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