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    179 Maumee Ave Napoleon, OH 43545

    For Sale
    $550,000

    Profitable Motel, House, & Garage

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional investment opportunity presents a well-established motel in Napoleon, Ohio, boasting an impressive 90%+ occupancy rate. The property includes a fully remodeled motel (windows, doors, flooring, and paint updated approximately six years ago), featuring weekly, bi-weekly, and monthly rates, making it an ideal extended-stay option. The low-maintenance vinyl siding and large asphalt parking area add to its appeal. The property also includes a substantial four-bedroom, one-and-a-half-bathroom house with a basement, providing additional income potential or owner accommodations. A detached 864 square foot garage further enhances the property's value. All structures – the motel, house, and garage – are situated on a single 1.04-acre parcel, simplifying ownership and management. The motel's simple operation and decades-long history contribute to its profitability. This is a rare opportunity to acquire a turnkey, high-performing motel with significant ancillary benefits. The property's strong occupancy rate and low operational costs make it an attractive investment for discerning buyers seeking a stable and profitable venture. The combination of the motel, house, and garage on a single tax parcel presents a unique and compelling investment package.

    Property Features for 179 Maumee Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    45,302 SF

    Building Details

    Year Built
    1900
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Napoleon Motor Inn Hotel

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Napoleon
    County
    Henry
    State
    Ohio
    Longitude
    -84.11856
    Latitude
    41.38688

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    FAQs

    What type of property is this?
    Commercial real estate - Profitable Motel, House, & Garage
    Where is this commercial real estate located?
    The property is located at 179 Maumee Ave Napoleon, OH.
    What is the asking price?
    The asking price for this property is $550,000.
    (419) 265-5634
    Request Owner's contact information
    179 Maumee Ave Napoleon, OH 43545
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    Napoleon, OH 43545
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    179 Maumee Ave Napoleon, OH 43545
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