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

$1,450,000

Sq. Ft.: N/A
Type: Commercial
Request Information
Turn-Key 17-Room Motel Fully Remodeled & Income-Ready! This completely updated 17-room motel offers a prime investment opportunity with year-round potential! The property includes (4) double occupancy rooms, (1) handicap-accessible room, and (12) single king rooms, all fully furnished. Amenities include a welcoming office, common area for games or breakfast, hospitality/storage space, public and worker baths, pool house, and an in-ground pool with a waterfall feature. Everything is included: linens, bedding, room furniture, patio furniture, refrigerators, heating/cooling units, and hospitality-grade TVs making this a seamless, turn-key opportunity. Currently generating strong seasonal income from Memorial Day through early September, this motel has the potential to operate year-round for increase revenue. Don't miss this profitable, move-in-ready hospitality investment! Contact us today for more details. New smart locks installed with remote access to save on payroll!
Property Features
Location Information
County: Ashtabula
Latitude: 41.861209
Longitude: -80.941536
Subdivision: Geneva-On-The-Lk
Directions: East end of "The Strip", west of Austin Rd
Interior Features
Heating: Electric, Other
Cooling: Wall Unit(s)
Total Number of Units: 17
Exterior Features
Foundation: Slab
Possession: Negotiable
Water / Sewer: Public Sewer
Water: Public
Parking Description: Driveway, Paved
Lot Size in Acres: 0.5
Buildings: 2
Is One Story: Yes
Additional Information
Roof/Attic: Flat, Metal
Property Type: COM
Property SubType: Hotel/Motel
Property SubType 2: Commercial Sale
Year Built: 1967
Status: Active


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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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 April 23, 2025, 8:32 PM ET