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Key Details
Sold Price $550,000
Property Type Commercial
Sub Type Special Purpose
Listing Status Sold
Purchase Type For Sale
Square Footage 6,680 sqft
Price per Sqft $82
MLS Listing ID 4464729
Sold Date 10/19/23
HOA Y/N No
Abv Grd Liv Area 6,680
Year Built 1960
Annual Tax Amount $5,565
Lot Size 0.856 Acres
Acres 0.856
Property Description
Location, location, location! This exceptional property offers an incredible opportunity for investors or entrepreneurs looking to capitalize on the bustling tourism in the area. Located just one mile between Cedar Point and Sports Force Park, this 23-room motel with living quarters and a 2-car garage along with living quarters for on-site management is perfectly positioned to attract visitors seeking comfortable accommodations during their stay.Situated on nearly an acre of land, the motel boasts space for expansion such as a pool or other exciting amenities to enhance guest experiences. With its proximity to two major attractions and an impressive traffic flow of approximately 14,000 vehicles per day, this property offers excellent visibility and accessibility, ensuring a steady stream of potential customers for this motel, a swanky Airbnb or another retail use that can capitalize on this local and tourist traffic. Bring your ideas today to this opportunity!
Location
State OH
County Erie
Interior
Heating Electric, Space Heater
Cooling Wall Unit(s)
Fireplace No
Exterior
Garage On Site, Paved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Total Parking Spaces 25
Building
Story 1
Water Public
Schools
School District Sandusky Csd - 2206
Others
Tax ID 57-03074-000
Financing Cash
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Bought with Non-Member Non-Member • Non-Member