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$799,000

For Sale

A day ago

5318 Youngstown Warren Rd, Niles, OH

House

MLS® 5209367

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Hotel-Motel
Levels Commercial Sale
Size -
Garage 
Taxes $2,780
Days Active 1
Lot Size 
Approx. Age 1957
MLS® Number 5209367

Property Address: 5318 Youngstown Warren Rd, Niles, OH, 44446-4904

Average square foot calculated using Size range provided by listing agent.

Description

Four-Parcel Assemblage Totaling 3.06 Acres · Across From Eastwood Mall · Seller Financing Available for Qualified Buyers! Sale includes four contiguous parcels totaling 3.06 acres on Youngstown Warren Rd (US-422) directly across from the Eastwood Mall Complex — 3.4M SF of regional retail anchored by Macy's, Target, Boscov's, Dave & Buster's, and a Marriott Residence Inn, drawing 13M+ visitors annually. Zoned B-1 Highway Commercial, permitting motel, retail, QSR, automotive, office, banking, and 11 other uses by-right — no rezoning timeline or approval risk. Currently operating as Cottage Inn (15-key independent motel) with nightly and weekly rate structures — generating bridge income on day one while a buyer designs, permits, or repositions. All units include refrigerators and microwaves. Property also includes a 22'×44' detached garage with electrical service — usable for additional rental income (vehicle/contractor storage) or owner use. Pricing validated by recent corridor comps: a neighboring 0.72-acre parcel sold at a true-cost basis of ~$219K/ac (Oct 2025), and a directly adjacent 0.72-acre pad is currently marketed at $95K/yr ground lease. Subject site benefits from ingress/egress via both US-422 and Park Drive. Ideal for land developers (multi-pad retail, hospitality flag, mixed-use) or hospitality operators (renovate/rebrand the existing motel). Seller financing available for qualified buyers. Full investment memorandum available.
MLS® Number5209367
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1957
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 12, 2026List Date
$799,000List Price
  • Commute

Commute

Starting Address
Destination Address
5318 Youngstown Warren Rd, Niles, OH

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