5169 Lake (SR 531) Road, Geneva, OH 44041

$1,499,000

Sq. Ft.: 4,787
Type: Commercial
Request Information
Accepting backup offers!! 17 Room Motel that has been completely updated and remodeled within the last 3 years. (4) double occupancy, (1) handicap accessible, 12 single king rooms. There is a common area that could be used for games or continental breakfast, office/greeting area, hospitality/storage area, pool house, public bath, worker bath, in-ground pool with waterfall wall feature. This property has loads of income potential. Currently, bookings reflect income Memorial Day until the first weekend in September. This could be open year round if desired. All linens, bedding, patio furniture, room furniture, benches, refrigerators, heating/cooling units, hospitality grade TVs are included. This is a complete turn-key opportunity.
Property Features
Location Information
County: Ashtabula
Latitude: 41.860913
Longitude: -80.941552
Subdivision: Geneva-On-The-Lk
Directions: East end of "The Strip", west of Austin Rd
Interior Features
Heating: Electric, Other
Cooling: WallUnits
Total Number of Units: 17
Exterior Features
Foundation: Slab
Possession: Negotiable
Water / Sewer: PublicSewer
Water: Public
Parking Description: Driveway, Paved
Lot Size in Acres: 0.5
Dimensions: 80x267
Buildings: 2
Is One Story: Yes
Additional Information
Roof/Attic: Flat, Metal
Property Type: COM
Property SubType: Special Purpose
Property SubType 2: Commercial Sale
Year Built: 1967
Status: Active


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
yrs
Interest Rate
 % 
Down Payment
$
List Price:
$
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
Logo
© 2024 MLS Now (formally Yes MLS, NEOHREX, and NORMLS). All rights reserved.
The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than William Zamarelli Realtors are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.
MLS Now (Yes MLS) data last updated at November 21, 2024 4:36 AM ET