Econo Lodge

135 N 7th St Zanesville, OH 43701

135 N 7th St, Zanesville, OH, 43701
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FOR SALE
Property Type:
Hotel
Amount:
$2,299,000
Last Verified:
Aug 06, 2024

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Description

PLEASE DO NOT VISIT OR CONTACT THE STAFF, MANAGEMENT OR OWNERSHIP OF THE PROPERTY DIRECTLY. KINDLY CONDUCT ALL INQUIRIES THROUGH OUR OFFICE. THANK YOU IN ADVANCE FOR YOUR UNDERSTANDING AND COOPERATION!!

Wonderful 54 Room EconoLodge For Sale, Fee Simple

Excellent location and visibility Right Off I-70

Zanesville has had a strong manufacturing sector, with industries such as glass production and pottery being significant contributors to the local economy. The region is known for its artistry in ceramics and glassware, with several pottery and glass companies operating in the area.

Zanesville is home to various medical facilities, including the Genesis HealthCare System, which serves the healthcare needs of the local community and surrounding regions.

Agriculture also plays a role in the local economy, with many residents engaged in farming and related activities. The surrounding Muskingum County is known for its agricultural production, including crops like corn, soybeans, and livestock.

Zanesville serves as a commercial hub for the surrounding area, providing retail, dining, and service options for residents and visitors. The city has a mix of local businesses and national retail chains.

Zanesville's strategic location at the intersection of major highways, including Interstate 70 and U.S. Route 40, has contributed to its importance as a transportation and logistics hub in the region. The presence of trucking companies and distribution centers has a positive impact on the local economy.

Zanesville is home to Ohio University Zanesville and Zane State College, which contribute to the local economy through education and employment opportunities.

The city's proximity to recreational areas, such as the Muskingum River and Wayne National Forest, attracts tourists and outdoor enthusiasts, contributing to the local economy through tourism-related businesses.


Year Built: 1962
Building Size: 26570sq ft
Lot Size: 0.07 acres


Documents

OM Econo Lodge Zanesville OH

Map of 135 N 7th St, Zanesville, OH, 43701

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.