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    Elyria, OH
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    Elyria, OH Motels for Sale

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    Former Journey Inn For Sale
    Updated: Jan 28
    Former Journey Inn For Sale

    888 LORAIN Boulevard, Elyria, OH 44035

    $375,000
    9,968 sqft
    Former Journey Inn
    Located in Elyria, Ohio
    South of the Turnpike interchange
    View details
    See what stands out in Lorain County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 1 Active listings in Elyria, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 13 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Warren Investment Opportunity: Motel, Restaurant
    Warren Investment Opportunity: Motel, Restaurant

    28710 Van Dyke Ave, Warren, MI 48093

    Contact for pricing
    7,335 sqft 0.88 AC lot

    Mixed-use property with motel, restaurant, house, and apartment.

    View details
    Established Motel Investment Opportunity
    Established Motel Investment Opportunity

    4258 Youngstown Rd, Warren, OH 44484

    Contact for pricing
    18,000 sqft 1.53 AC lot

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

    View details
    Detroit Motel For Sale
    Detroit Motel For Sale

    20500 James Couzens Fwy, Detroit, MI 48235

    Contact for pricing
    34,065 sqft

    101-room motel on prime real estate in Detroit.

    View details
    Midtown Development Opportunity
    Midtown Development Opportunity

    470 Martin Luther King Jr Blvd, Detroit, MI 48201

    Contact for pricing
    200 sqft

    Motel suitable for redevelopment into an apartment building.

    View details

    Off-Market Properties in Elyria, OH

    Consider similar Off-Market properties in Elyria, OH. 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.

    523 Griswold Rd
    MOTEL

    523 Griswold Rd, Elyria, OH 44035-2306

    $550,000
    Estimated value
    10,045 sqft 6.56 AC lot
    View details
    1825 Lorain Blvd
    MOTEL

    1825 Lorain Blvd, Elyria, OH 44035-2406

    $535,000
    Estimated value
    19,011 sqft 6.83 AC lot
    View details
    910 Lorain Blvd
    MOTEL

    910 Lorain Blvd, Elyria, OH 44035-2820

    $605,000
    Estimated value
    9,596 sqft 2.94 AC lot
    View details
    636 Griswold Rd
    MOTEL

    636 Griswold Rd, Elyria, OH 44035-2392

    $660,000
    Estimated value
    29,442 sqft 0.48 AC lot
    View details
    1795 Lorain Blvd
    MOTEL

    1795 Lorain Blvd, Elyria, OH 44035-2849

    $485,000
    Estimated value
    32,114 sqft 2.84 AC lot
    View details
    1755 Travelers Ln
    MOTEL

    1755 Travelers Ln, Elyria, OH 44035-2894

    $650,000
    Estimated value
    30,739 sqft 2.26 AC lot
    View details
    621 Midway Blvd
    MOTEL

    621 Midway Blvd, Elyria, OH 44035-2443

    $785,000
    Estimated value
    51,964 sqft 1.41 AC lot
    View details
    701 Oberlin Elyria Rd
    MOTEL

    701 Oberlin Elyria Rd, Elyria, OH 44035-7795

    $275,000
    Estimated value
    5,904 sqft 0.73 AC lot
    View details
    4930 Transportation Dr
    MOTEL

    4930 Transportation Dr, Sheffield Village, OH 44054-2814

    $3,475,000
    Estimated value
    41,431 sqft 2.12 AC lot
    View details
    888 Lorain Blvd
    MOTEL

    888 Lorain Blvd, Elyria, OH 44035-2871

    $245,000
    Estimated value
    4,984 sqft 0.41 AC lot
    View details
    550 Griswold Rd
    MOTEL

    550 Griswold Rd, Elyria, OH 44035-2305

    $310,000
    Estimated value
    4,300 sqft 0.32 AC lot
    View details
    739 Leona St
    MOTEL

    739 Leona St, Elyria, OH 44035-2350

    $650,000
    Estimated value
    31,388 sqft 1.35 AC lot
    View details
    645 Griswold Rd
    MOTEL

    645 Griswold Rd, Elyria, OH 44035-2394

    $700,000
    Estimated value
    28,710 sqft 0.96 AC lot
    View details

    Elyria, OH Motels Market Trends and Statistics

    Explore 14 motels for sale in Elyria, OH on our real estate platform. These investment opportunities span a total of 9,968 square feet of properties for sale, with an estimated market value of $375,000.

    Sale prices for motels in Elyria, OH average $375,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Motels 1

    Demographics Overview

    Population 110K
    Population Growth (5Y) +3.5%
    Median Household Income $69,523
    College Educated 34.3%

    High-Yield Neighborhoods for Investment

    Identify Elyria submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    44035 $375K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lorain County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Elyria fall within the 100,000+ square foot range.

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