56721 Ferry Landing Rd Shadyside, OH 43947
- Motels
- 4,712 SF
- 1.45 lot acres
Current Use by Public Records
- Motels
Property Details for 56721 Ferry Landing Rd
- Year built
- 1963
- Lot size
- 1.45 lot acres
- Property size
- 4,712 SF
- Property type
- Motels
- APN
- 15-01254-000
- APU
- 1501254000
Description
This exceptional Shadyside, OH property presents a unique investment opportunity encompassing multiple income streams and significant development potential. Situated on a 1.85-acre lot along the high-traffic Route 7, this property boasts a thriving restaurant, a well-maintained motel, and a vacant lot with existing septic. The restaurant, known locally as VanDynes, features indoor and outdoor seating and includes all equipment in the sale. The motel comprises seven recently remodeled rental rooms, generating consistent revenue. A completely remodeled three-bedroom, three-bathroom home is attached, offering on-site management capabilities or additional rental income. This home includes a propane fireplace in the living room. Outdoor amenities include a private backyard with a seven-foot privacy fence, an inground pool, and a patio bar area. The vacant lot, previously used for RV sites, presents a prime opportunity for expansion, potentially accommodating new residential or rental units. Fruit-bearing peach and apple trees add to the property's charm. The total building square footage is 4,712 square feet. The property is listed at $665,000. Sellers require pre-approval for showings and will be present during the appointment, available outside for any questions. Financial information will be provided to the buyer's accountant upon request. This is a rare chance to acquire a multi-faceted commercial property with immediate income and substantial future growth prospects.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Shadyside
- County
- Belmont
- State
- Ohio
- Longitude
- -80.768
- Latitude
- 39.9182
- CBSA code
- 48540
- CBSA name
- WHEELING, WV-OH METROPOLITAN STATISTICAL AREA