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    Lorain, OH
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    Renovated 56-Room Hotel
    Updated: Apr 12
    Renovated 56-Room Hotel

    301 Broadway, Lorain, OH 44052

    Contact for pricing
    59,700 sqft
    59,700‑square‑foot hotel built in 1926 and renovated in 2019/20
    56 guest rooms, including 5 two‑room suites, 3 oversized suites, 39 double‑queen rooms, and 9 king rooms
    Four‑story building with an indoor heated pool and fitness room
    5 retail stores, 2 restaurant spaces, 2 event spaces, and 1 office space
    Located at 301 Broadway, Lorain, Ohio 44052
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Lorain, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Hotel With Brewpub and Restaurant
    Hotel With Brewpub and Restaurant

    2039 E Harbor Road, Port Clinton, OH 43452

    $1,431,000
    0.72 AC lot

    Hospitality property combining guest accommodations, dining facilities, and a patio in an active waterfront community.

    View details
    38-Room Super 8 Hotel
    38-Room Super 8 Hotel

    1704 E Perry Street, Port Clinton, OH 43452

    $1,350,000
    1.11 AC lot

    Seasonal hotel operation with guest amenities, public utilities, and accommodations for boating and fishing visitors.

    View details
    23-Unit Hotel With Living Quarters
    23-Unit Hotel With Living Quarters

    44077 Oberlin Elyria Road, Oberlin, OH 44074

    Contact for pricing
    3.40 AC lot

    Owner living quarters accompany lodging accommodations with paved onsite parking and public water.

    View details
    23-Unit Hotel with On-Site Parking
    23-Unit Hotel with On-Site Parking

    44077 Oberlin Elyria Rd, Oberlin, OH 44074

    Contact for pricing

    Hotel property offering 23 units with on-site parking and road frontage on Oberlin Elyria Rd.

    View details

    Off-Market Properties in Lorain, OH

    Consider similar Off-Market properties in Lorain, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1641 Root Rd
    Lifestyle centers

    1641 Root Rd, Lorain, OH 44052

    Value Estimation by Request
    16.10 AC lot
    View details

    Lorain, OH Hotels Market Trends and Statistics

    Explore 2 hotels for sale in Lorain, OH on our real estate platform. These investment opportunities span a total of 59,700 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 1

    Demographics Overview

    Population 82K
    Population Growth (5Y) +2.8%
    Median Household Income $51,688
    College Educated 22.5%

    Taxes & Financing

    Tax Rate (average for all types) 6.83%
    Property Tax per SF $92.34 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lorain County

    New Delisted

    Total CRE Inventory on Market (SF)

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