2340 Dresden Ave East Liverpool, OH 43920-9007
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.