4960 Golfview Drive, Geneva, OH 44041

$1,300,000

Sq. Ft.: N/A
Type: Commercial
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11-keys motel within Ohio's First Summer Resort. Ideal for an investor seeking a turn key, well-established hospitality business with significant upside potential. Each motel suite features 2 bedrooms with queen beds, 1 bath, kitchenette, and sitting area. One suite is fully remodeled. Loyal clientele of repeat guests for over 30 years, thriving without advertising. Booking details reflect Memorial Day through mid September. This could be open year round. Spacious 2nd-floor residence: Approximately 2000 sq ft, 3 bedrooms, 1.5 baths, formal living and dining rooms, eat-in kitchen. The sellers did not rent the second floor living space and is potential for additional income. In-ground pool recently updated with $90k of improvements in 2023 including new concrete, aprons, and plumbing. Outdoor Pavilion for covered picnics and gatherings with landscaped green space. All linens, bedding, patio furniture, room furniture, benches, refrigerators, heating/cooling units, TVs are included. This is a turnkey business with potential for growth in a sought-after location.
Property Features
Location Information
County: Ashtabula
Latitude: 41.859763
Longitude: -80.951261
Subdivision: Connecticut Western Reserve
Directions: Lake Rd to Green Lantern to Golf View
Interior Features
Heating: Forced Air, Gas
Cooling: Central Air
Exterior Features
Foundation: Slab
Possession: Delivery Of Deed
Water / Sewer: Public Sewer
Water: Public
Parking Description: Guest, Gravel, On Site, Open, Outside, Oversized, Parking Lot
Fencing: Perimeter, Wood
Patio / Deck Description: Patio
Has a Pool: Yes
Lot Size in Acres: 0.8
Has Waterfront: No
Additional Information
Roof/Attic: Asphalt
Property Type: COM
Property SubType: Hotel/Motel
Property SubType 2: Commercial Sale
Year Built: 1960
Status: Active


$ per month
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Monthly Tax: $
Monthly Insurance: $
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing courtesy of McDowell Homes Real Estate Services 440-205-2000
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MLS Now (Yes MLS) data last updated at September 7, 2024 8:41 PM ET