1530 Cleveland Rd Sandusky, OH 44870-4302

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.