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$ 690,000
Est. payment | /mo
2.51 Acres Lot
$ 690,000
Est. payment | /mo
2.51 Acres Lot
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Subdivision Township/New Russia
MLS Listing ID 5205289
HOA Y/N No
Year Built 1950
Annual Tax Amount $8,287
Tax Year 2024
Lot Size 2.510 Acres
Acres 2.51
Property Sub-Type Hotel/Motel
Property Description
23-unit hotel for sale in a high-visibility location on Oberlin Elyria Rd in Oberlin with easy access to Elyria and Lorain. Strong traffic counts and convenient positioning near local amenities make this an ideal opportunity for an owner-operator or investor. Property features on-site parking, excellent frontage, and room to expand, offering additional upside potential. Great opportunity to continue operations or reposition for increased income.
Location
State OH
County Lorain
Interior
Heating Other
Cooling Other
Fireplace No
Schools
School District Oberlin Csd - 4712
Others
Tax ID 09-00-099-000-052
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Stacy N Nugent • Keller Williams Elevate • stacynuge@gmail.com, 216-299-5092
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