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3.06 Acres of Land w/ Existing Motel! 5318 Youngstown Warren Rd 15 Room Hotel Niles, OH 44446 $799,000 ($53,267/Room)
Investment Highlights
- Incredible frontage on US 422!
- Right Across from Tons of Retail!
- 3.06 Acres of Commercially Zoned Land!
Executive Summary
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. In addition, there is a billboard included with the property that can be leased for additional income. Currently, the billboard brings in about $100 per month in revenue, but can be increased through a new contract with a new advertising company.
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). Offered at $799,000. 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. In addition, there is a billboard included with the property that can be leased for additional income. Currently, the billboard brings in about $100 per month in revenue, but can be increased through a new contract with a new advertising company.
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). Offered at $799,000. Seller financing available for qualified buyers.
Property Facts
| Price | $799,000 | Building Size | 6,130 SF |
| Price Per Room | $53,267 | No. Rooms | 15 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1900 |
| Property Subtype | Hotel | Parking Ratio | 3.26/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.79 AC | ||
| Zoning | B1 | ||
| Price | $799,000 |
| Price Per Room | $53,267 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.79 AC |
| Building Size | 6,130 SF |
| No. Rooms | 15 |
| No. Stories | 1 |
| Year Built | 1900 |
| Parking Ratio | 3.26/1,000 SF |
| Corridor | Exterior |
| Zoning | B1 |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 15 | $60.00 | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Not bikeable
10/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $18,800 | |
| Land Assessment | $45,790 | Total Assessment | $64,590 |
Property Taxes
Parcel Numbers
Land Assessment
$45,790
Improvements Assessment
$18,800
Total Assessment
$64,590
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3.06 Acres of Land w/ Existing Motel! | 5318 Youngstown Warren Rd