5318 Youngstown Warren RoadNiles, OH 44446

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

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