1723 Perry St Port Clinton, OH 43452-1425

This exceptional 54-unit hotel, situated on a 0.13-acre lot in Port Clinton, Ohio, presents a compelling investment opportunity. The 25,476 square-foot, two-story building, constructed in 1987 and renovated in 2004, boasts a Class C rating and is commercially zoned. Currently operating as a hotel, the property offers 54 keys, each valued at $51,833.33, resulting in an asking price of $2,799,000 ($109.87 per square foot). Its prime location in Port Clinton, a thriving area, ensures strong seasonal performance and significant potential for growth through targeted marketing and operational enhancements. The property's ample space and versatile commercial zoning allow for various hospitality and select-service uses. This well-maintained asset offers a strong return on investment for discerning buyers seeking a stable, high-demand property in a desirable tourist destination. The property's APN is 021-00451-13936-000. Further financial details are available upon request.