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    Renovated 36-Unit Motel
    Updated: Sep 8, 2025
    Renovated 36-Unit Motel

    2149 Gill Road, Port Clinton, OH 43452

    $980,000
    12,740 sqft
    36‑unit motel with 2025 revenue of $361,749 and NOI of $87,921; historical NOI ~ $73,000–$88,000 (2021–2025)
    Recently renovated building and automated check‑in system installed in 2024
    2024 NOI dipped to $36,413 due to elevated, largely non‑recurring expenses (including $16K–$24K consulting and $20K+ repairs)
    Annual revenue has ranged from approximately $350,000 to $444,000, showing consistent operating history
    Located in the Lake Erie Shores and Islands tourism corridor, supported by Cedar Point, island ferries, marinas, and fishing
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    This listing looks promising.

    Here's a quick look at some key insights for

    2149 Gill Road, Port Clinton, Ohio 43452

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    • Est. Cap Rate

      7.9%
      Above avg (5.9%)

    • Est. NOI

      $78K
      Annual

    • Price @ 7% Cap

      $1.11M
      Above asking

    • Last Sold

      Mar 2021
      $330K

    • Property Type

      Motel
      Built 1987
    View Property Analytics
    Cambridge Motel Investment Property
    Updated: Jul 16
    Cambridge Motel Investment Property

    2321 Southgate, Cambridge, OH 43725

    $795,000
    4.33 AC lot
    Cambridge Motel built in 1973 with over 31,000 sf of gross building area
    Monthly revenue over $18,000 with 40 updated rooms generating income
    Includes 10 additional rooms currently in various stages of renovation
    5 buildings total on 4.53 acres, with 2 buildings ready for updates
    Owner improvements include new concrete work and drainage system, floor joists/subfloor, updated plumbing, and 30+ new doors
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    Redevelopment Site with Operating Motel
    Redevelopment Site with Operating Motel

    3963 Westerville Road, Columbus, OH 43224

    $2,500,000
    1,000 sqft 12.37 AC lot

    Large redevelopment site with an operating motel, supporting multiple future concepts pending zoning approvals and due diligence.

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    Restaurant Space on High Street
    Restaurant Space on High Street

    6251 S High Street, Lockbourne, OH 43137

    $700,000
    1,943 sqft

    1,943 SF restaurant on 1.52 acres with high traffic.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    3.06 Acre Commercial Assemblage
    3.06 Acre Commercial Assemblage

    5318 Youngstown Warren Road, Niles, OH 44446

    $699,000
    130,000 sqft 3.06 AC lot

    3.06 acres across from Eastwood Mall Complex.

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    Established Motel Investment Opportunity
    Established Motel Investment Opportunity

    4258 Youngstown Rd, Warren, OH 44484

    $1,799,999
    18,000 sqft 1.53 AC lot

    52-room motel on 1.53 acres in Warren, OH.

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    Boutique Motels Investment Opportunity
    Boutique Motels Investment Opportunity

    5225 Old Lake Rd, Geneva, OH 44041

    $2,100,000
    2,000 sqft

    Two unencumbered boutique motels with penthouse for sale.

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    Development Land with Existing Motel
    Development Land with Existing Motel

    3963 Westerville Road, Columbus, OH 43224

    $2,500,000
    5.00 AC lot

    A 5-acre redevelopment site on Westerville Road with an existing motel and room for multifamily or mixed-use development.

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    Waterfront Property with Development Potential
    Waterfront Property with Development Potential

    4245 W Lakeshore Dr, Port Clinton, OH 43452

    $1,500,000
    3,791 sqft 14.65 AC lot

    Unique mixed-use property with lodging, restaurant, and waterfront access.

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    Motel Boutique by Wolf Inn
    Motel Boutique by Wolf Inn

    12211 US Hwy 250 N, Milan, OH 44846

    $1,700,000
    24,880 sqft 10.58 AC lot

    Two-story, 55-room motel with amenities on 10.58 acres.

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    Americas Best Value Inn Motel
    Americas Best Value Inn Motel

    4875 Sinclair Rd, Columbus, OH 43229

    Contact for pricing
    2.77 AC lot

    Two-story motel with 136 total rooms across three buildings on 2.77 acres, built in 1983.

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    Former Journey Inn For Sale
    Former Journey Inn For Sale

    888 Lorain Blvd, Elyria, OH 44035

    $375,000

    Former Journey Inn available in Elyria, Ohio.

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    Riverfront Motel with 7 Rooms
    Riverfront Motel with 7 Rooms

    1066 1st Ave, Gallipolis, OH 45631

    Contact for pricing

    Riverfront motel offering 7 guest rooms and an on-site 3-bedroom, 1-bath residence for additional flexible use.

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    Former Motel Development Site
    Former Motel Development Site

    620 W Main Street, Bellevue, OH 44811

    Contact for pricing

    Located on Route 20 in Bellevue, OH, the former motel lot offers high visibility for a range of commercial uses.

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    Based on your search, we've compiled 72 Potential Opportunities for your consideration. Besides 14 Active listings in Ohio, we suggest exploring several alternatives: similar 58 Off-Market properties to explore as potential leads

    Off-Market Properties in Ohio

    Consider similar Off-Market properties in Ohio. 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.

    2760 Cincinnati Dayton Rd
    MOTEL

    2760 Cincinnati Dayton Rd, Middletown, OH 45044-8960

    Value Estimation by Request
    3,960 sqft 2.44 AC lot
    View details
    888 Dublin Granville Rd
    MOTEL

    888 Dublin Granville Rd, Columbus, OH 43229-2416

    $1,050,000
    Estimated value
    110,507 sqft 7.20 AC lot
    View details
    902 Scott Dr
    MOTEL

    902 Scott Dr, Piqua, OH 45356-4118

    $2,290,000
    Estimated value
    53,372 sqft 10.75 AC lot
    View details
    Wooster St
    MOTEL

    Wooster St, Bowling Green, OH 43402

    Value Estimation by Request
    0.14 AC lot
    View details
    489 Catawba Ave
    MOTEL

    489 Catawba Ave, Put In Bay, OH 43456-6536

    $565,000
    Estimated value
    3,936 sqft 0.27 AC lot
    View details
    8035 Washington Vlg Dr
    HOTEL/MOTEL

    8035 Washington Vlg Dr, Dayton, OH 45458-1847

    Value Estimation by Request
    25,458 sqft 2.00 AC lot
    View details
    8555 Lyra Dr
    MOTEL

    8555 Lyra Dr, Columbus, OH 43240-2026

    $3,875,000
    Estimated value
    61,761 sqft 3.06 AC lot
    View details
    180 Rockridge Rd
    HOTEL/MOTEL

    180 Rockridge Rd, Englewood, OH 45322-2737

    Value Estimation by Request
    28,846 sqft 7.77 AC lot
    View details
    1313 Saint James Lutheran Ln
    MOTEL

    1313 Saint James Lutheran Ln, Columbus, OH 43228-9759

    $3,275,000
    Estimated value
    17,472 sqft 2.55 AC lot
    View details
    5580 State Rte 557
    MOTEL

    5580 State Rte 557, Millersburg, OH 44654-9488

    Value Estimation by Request
    2,414 sqft 1.32 AC lot
    View details

    Ohio Motels Market Trends and Statistics

    Explore 72 motels for sale in Ohio, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 194,354 square feet of properties for sale, with an estimated market value of $15,648,999.

    Sale prices for motels in Ohio start at $375,000, averaging $1,422,636, and reaching up to $2,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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