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Woodsfield,OH 43793
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Subdivision Town/Woodsfield
MLS Listing ID 5164568
HOA Y/N No
Year Built 1959
Annual Tax Amount $2,763
Tax Year 2024
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Hotel/Motel
Stories One
Story One
Property Description
Welcome to a fantastic investment opportunity in the heart of Woodsfield, Ohio! This fully operational 8-unit motel offers a mix of five 2-bedroom units and three 1-bedroom units, each equipped with Fredrickson P-Tech 200-amp heating and cooling units updated in 2016. Guests enjoy a small common area with a vending machine and ice maker, plus a private laundry room featuring two washers and two dryers for added convenience. A separate 2-bedroom apartment—currently used as office and storage space—adds versatility and could easily be converted into a long-term rental for additional income. Recent updates include a new metal roof (2023) and a new furnace in the office area (2019). Furnishings stay with the property, making this a true turnkey investment.
With a prime downtown location, this property offers multiple options: continue operating as a motel/short-term rental business, or convert to apartments for long-term tenants. Whether you're an investor seeking cash flow or a hands-on operator ready to expand, this property offers great potential!
Location
State OH
County Monroe
Rooms
Basement Finished,Concrete,Walk-Up Access
Interior
Heating Electric,Forced Air,Gas
Cooling Central Air,Electric,Wall Unit(s)
Fireplace No
Exterior
Parking Features Common,Direct Access,Parking Lot
Fence None
Water Access Desc Public
Roof Type Metal
Total Parking Spaces 10
Building
Foundation Basement,Block
Sewer Public Sewer
Water Public
Level or Stories One
Schools
School District Switzerland Of Ohio - 5601
Others
Tax ID 05-370502.1100
Special Listing Condition Standard