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3537 Liberty Ave
Vermilion, OH 44089

$1,200,000 USD

Hotel For Sale  •  7,812 SF

Property Details

  • Property Type Hotel
  • Total Building Size 7,812 SF
  • Lot Size 0.56 AC
  • Building Class C
  • Year Built 1950
  • Tenancy Multiple
  • Zoning Motel
0 Transit Score
30 Walk Score

Description

Welcome to an exceptional investment opportunity nestled in the heart of Vermilion, Ohio. Presenting 3537 Liberty Rd, a lucrative real estate offering featuring a 17-unit motel with instant cash flow. Situated near downtown Vermilion and just a few blocks away from the serene shores of Lake Erie, this property boasts both convenience and charm. In addition to the thriving motel business, this property includes a cozy 2-bedroom house, perfect for generating additional rental income or providing accommodation for an on-site manager, enhancing the property's management efficiency. Moreover, convenience is key with an on-site coin-operated laundry room, ensuring added convenience for both guests and tenants. The property also features a spacious 1200 sq ft 2-story high pole barn, providing ample storage space or potential for further rental opportunities. Expanding the income potential even further, a vast 180 x 70 vacant lot is situated at the rear of the property, offering endless possibilities for expansion or development. Don't miss out on this rare opportunity to own a lucrative real estate asset in Vermilion, Ohio. Whether you're an experienced investor seeking to expand your portfolio or a newcomer looking for a profitable venture, 3537 Liberty Rd offers the perfect blend of income potential and location convenience. Schedule your viewing today and unlock the doors to endless possibilities!

Highlights

3537 Liberty Rd is a 17-unit motel in Vermilion, Ohio, offering instant cash flow and convenience.
The property includes a cozy 2-bedroom house, coin-operated laundry room, a spacious pole barn, and a 180 x 70 vacant lot.
The property also features a 1200 sq ft 2-story high pole barn for storage and potential rental.
This opportunity is perfect for experienced investors or newcomers seeking a profitable venture in Vermilion.

Public Transportation

AirportDriveWalkDistance
Cleveland-Hopkins International 43 min - 30.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Steven Lawson 440-320-9888 Russell Real Estate Services
Steven Lawson 440-320-9888 Russell Real Estate Services