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Palmyra Center Hotel 9401 Tallmadge Rd 5 Room Hotel Diamond, OH 44412 $129,900 ($25,980/Room)
EXECUTIVE SUMMARY
Welcome to the old historical Stage Coach Inn in Palmyra Township. This is one of the oldest buildings in Portage County which the auditors website says it was built in 1812, but the historical plaque says 1832. This building features 3 floors and 4200 square feet above grade space. There is a basement which is dirt floor and has a huge fireplace box that used to heat the building. The building is in need of renovation, the prior owners have done a lot of work to get the building secured and made repairs to keep it upright. The current owner had plans to rehab the building completely, and could be a great project for the next owner. The bottom level has three entry ways which include the far right side entering into a large room with a fireplace, the middle entry is to the foyer with steps leading to the 2nd floor, and the right door was the old salon that had a tremendous amount of traffic back in the day. There was also the old kitchen towards the back of the first floor. The 2nd floor there are 4-5 rooms that people could rent for the night, bathroom, and another said to be kitchen. As you make your way up to the third floor there is a large gathering/meeting room that was added onto back around 1888. There was a separate entrance from outside to the third floor. There is so much history with this building and only if the walls could talk, the stories that you would hear. It was mentioned that on the second floor there was a hidden door in the closet that was part of the underground railroad. This building is a full rehab project, but the possibilities are endless. Call to schedule your private showing today.
PROPERTY FACTS
| Price | $129,900 | Lot Size | 1.46 AC |
| Price Per Room | $25,980 | Building Size | 4,200 SF |
| Sale Type | Investment | No. Rooms | 5 |
| Sale Condition | Redevelopment Project | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 1832 |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | C |
| Price | $129,900 |
| Price Per Room | $25,980 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.46 AC |
| Building Size | 4,200 SF |
| No. Rooms | 5 |
| No. Stories | 3 |
| Year Built | 1832 |
| Corridor | Interior |
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 5 | $65.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | 26-102-00-00-015-000 | Improvements Assessment | $700 |
| Land Assessment | $7,460 | Total Assessment | $8,160 |
PROPERTY TAXES
Parcel Number
26-102-00-00-015-000
Land Assessment
$7,460
Improvements Assessment
$700
Total Assessment
$8,160
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Palmyra Center Hotel | 9401 Tallmadge Rd
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