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.
If the email address was found in our system, your password has been sent. Please check your inbox.
Back to Login
5318 Youngstown Warren Road | MLS# 5209367
This commercial property located at 5318 Youngstown Warren Road, Niles, OH 44446 is currently listed for sale by Key Realty, with an asking price of $699,999. Youngstown Warren Road is located within the Niles City school district. Search Niles real estate on timothybrown.ikeyrealty.com today.