Dawn Hart
REALTOR®
MLS#5209367
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIONValley Home Garden Acres
SCHOOLNiles City
Property 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.
Property Features
Property Type: Commercial - Business
Heating: Baseboard
Lot Size: 0.79 Acres
Taxes: $2,780 / year
Year Built: 1957
Feature Descriptions
Days on Site: 1
Parcel#: 20-011012
Local Schools
School District: Niles City
Listed By / Shown By
Listed By
Agency Name: Key Realty
Agency Contact: mjorlando1994@gmail.com, 216-956-1884
Shown By
Agent Name: Dawn Hart
Agent Phone: (330) 499-8153
Agency Title: DeHOFF REALTORS
Dawn Hart
Cell: (330) 515-0239
Email Me
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5318 Youngstown Warren Road | MLS# 5209367
This commercial property located at 5318 Youngstown Warren Road, Niles, OH 44446 is currently listed for sale with an asking price of $799,000. Youngstown Warren Road is located within the Niles City school district. Search Niles real estate on dhart.dehoff.com today.