38-Room Super 8
1704 E Perry Street, Port Clinton, OH 43452
New
Seasonal 38-room hotel with guest amenities, continental breakfast space, and parking tailored for boat trailers and oversized vehicles.
Type:Special Purpose
Property size:
18,972 SFPrice / SF:
$71/SF- Added:
- Jun 19, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 24 at 7:44 am
Property Features for 1704 E Perry Street
General Information
- Standard status
- Active
- Size
- 18,972 SF
- Property subtype
- Special Purpose
Building Details
- Year Built
- 1985
Listing office CENTURY 21 HomeStar
Listing date Jun 19, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 HomeStar
HighLights
- 38 guest rooms in a Super 8 by Wyndham hotel (Year built: 1985)
- Seasonal operation of approximately five months annually
- On‑site guest amenities include continental breakfast area, guest laundry, lobby seating, and guest water station
- In‑room/guest services include complimentary Wi‑Fi and DIRECTV
- Parking designed for boat trailers and oversized vehicles, plus dedicated boat‑charging outlets
Overview
This 38-room Super 8 by Wyndham offers a complete guest lodging operation, with a continental breakfast area and dining space, guest laundry facilities, a vending area with an ice machine, lobby seating, and a guest water station. In-room guest experience is supported by complimentary Wi-Fi and DIRECTV service. The property also includes ample parking with dedicated boat-charging outlets, positioned to accommodate fishing and boating clientele.
The hotel is located in the heart of Ohio’s Vacationland and the gateway to the Lake Erie Islands, directly across from Lake Erie. It provides convenient access to ferry services, marinas, charter fishing operations, restaurants, shopping, and major tourist attractions associated with Port Clinton and the Lake Erie region.
The property is well-suited for an investor or owner-operator seeking an established brand hospitality asset with defined operational timing. It is currently operating on a seasonal schedule of approximately five months annually, with the business already benefiting from an established Lake Erie tourism market and an existing hospitality corridor location.
The hotel is located in the heart of Ohio’s Vacationland and the gateway to the Lake Erie Islands, directly across from Lake Erie. It provides convenient access to ferry services, marinas, charter fishing operations, restaurants, shopping, and major tourist attractions associated with Port Clinton and the Lake Erie region.
The property is well-suited for an investor or owner-operator seeking an established brand hospitality asset with defined operational timing. It is currently operating on a seasonal schedule of approximately five months annually, with the business already benefiting from an established Lake Erie tourism market and an existing hospitality corridor location.
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $284.6k | $15.00 |
| − Vacancy | −$41.5k | −$2.19 |
| EGI | $243.0k | $12.81 |
| − OpEx | −$127.6k | −$6.73 |
| NOI | $115.4k | $6.08 |
18,972 SF · lease $15.00/SF/yr · vacancy 14.60% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$1.65M
$1.44M – $1.92M
NOI $115,440 @ 7.0% cap · market cap 8.55%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$6.76M
$5.92M – $7.89M
NOI $473,282 @ 7.0% cap · market cap 35.06%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Super 8 by ...
Hotel & Motel
Location Insight
- Map
- Local Demand
- City
- Port Clinton
- County
- Ottawa
- State
- Ohio
- Longitude
- -82.9184066
- Latitude
- 41.5143627
Nearby Similar for Sale
FAQs
What type of property is this?
Hotel - Seasonal 38-room hotel with guest amenities, continental breakfast space, and parking tailored for boat trailers and oversized vehicles.
Where is this hotel located?
The property is located at 1704 E Perry Street Port Clinton, OH.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 38 guest rooms in a Super 8 by Wyndham hotel (Year built: 1985); Seasonal operation of approximately five months annually; On‑site guest amenities include continental breakfast area, guest laundry, lobby seating, and guest water station
