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1530 Cleveland Rd Sandusky, OH 44870

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For Sale
$3,100,000

103-Unit Hotel Near Cedar Point

Property Features for 1530 Cleveland Rd

General Information

Property type
Other commercial real estate
Lot Size
161,172 SF

Building Details

Year Built
1950

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Listing Contact
Gregory Erlanger
Gregory Erlanger

Listing Agency: Keller Williams Citywide Listing Agent: Gregory Erlanger

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 103-unit hotel presents a lucrative investment opportunity in the thriving Lake Erie Shores & Islands region of Sandusky, Ohio. Boasting a prime location just five minutes from Cedar Point amusement park, Cedar Point Sports Center/Sports Force Parks, and downtown Sandusky, this property benefits from the area's robust $2.7 billion tourism industry and 13 million annual visitors. The hotel features a fully operational lobby, a complete restaurant with all equipment included, a one-bedroom house, and a county liquor permit (state license not included). Guest rooms are fully furnished and equipped with recently upgraded amenities such as new HVAC systems, apartment-style refrigerators, and electronic door locks. A swimming pool and courtyard enhance the guest experience, while on-site laundry facilities add convenience. The property also includes ample parking and expansion potential across its eleven parcels, encompassing approximately 3.7 acres. The diverse room types cater to a wide range of guests, including 1 two-bedroom king suites with kitchens, 5 king studios, 25 single king rooms, 65 double-double rooms, and 7 single-double rooms. A full-time maintenance staff has ensured the property's upkeep, and it has been utilized for employee housing. A detailed inventory of included items is available upon request. This turnkey operation is ready for a new owner to capitalize on the region's consistent tourism revenue.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Sandusky
County
Erie
State
Ohio
Longitude
-82.68913
Latitude
41.44231

FAQs

What type of property is this?
Commercial real estate - 103-Unit Hotel Near Cedar Point
Where is this commercial real estate located?
The property is located at 1530 Cleveland Rd Sandusky, OH.
What is the asking price?
The asking price for this property is $3,100,000.
More about this property
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