2149 Gill Road, Port Clinton, OH 43452

This 36-unit motel has undergone near-total renovation and was updated with an automated check-in system intended to streamline guest processing and reduce ongoing labor costs. Operationally, the asset generated $361,749 in revenue and $87,921 in NOI in 2025, with historical NOI typically ranging from approximately $73,000 to $88,000 between 2021 and 2025. Performance dipped in 2024 to $36,413 due to elevated, largely non-recurring expenses, including $16,000 to $24,000 in consulting, $20,000+ in repairs, and increased utilities related to the transition back to stabilized operations.

The property is located within the Lake Erie Shores and Islands tourism corridor, which is supported by regional demand tied to Cedar Point, island ferries, marinas, and fishing. Revenues have generally ranged from approximately $350,000 to $444,000, reflecting a consistent seasonal hospitality history aligned with an established travel destination.

For buyers seeking a hybrid profile, this offering provides immediate income while evaluating higher-and-better-use scenarios. The site and building configuration are positioned to support potential vertical redevelopment, including a boutique hotel or a higher-end short-term rental concept, with the possibility of capturing Lake Erie views from upper levels depending on design and approvals. The recent renovations and automation provide an operating foundation while expense normalization and continued efficiencies work toward stabilizing results.