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5300 Rockside Rd
Independence, OH 44131 Independence

Price Upon Request

Hotel For Sale  •  122,914 SF

Property Details

  • Property Type Hotel
  • Total Building Size 122,914 SF
  • Lot Size 6.53 AC
  • Building Class B
  • Year Built 1974
  • Tenancy Multiple
  • Zoning U-6A
0 Transit Score
40 Walk Score

Highlights

Valuable five-story, 178-room hotel exceptionally situated over a spacious 6.53-acre lot with ample parking right off I-77 in Independence, Ohio.
Strategically located 1 mile from the major I-77 and I-480 highway interchange with desirable accessibility 8.5 miles south of Downtown Cleveland.
Incredible value-add opportunity to acquire an ideally positioned hotel within a thriving submarket, seeing a year-over-year RevPAR increase at 17.6%.
Features desirable on-site amenities, including meeting rooms, ballrooms, a restaurant, an indoor and outdoor pool, a fitness center, and more.
Hotel offers shuttle service to the CLE Airport which is close to Great Lakes Science Center and Huntington Bank Field, home to the Cleveland Browns.
Within walking distance of Cleveland Clinic, Independence’s largest employer in the surrounding area, with a generous employee count of about 57,000.

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • Shuttle Service
  • High Speed Internet Access
  • On-Site Bar
  • Meeting Event Space
  • Wedding Venue
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

Public Transportation

Commuter RailDriveWalkDistance
7 min - 2.2 mi
9 min - 3.7 mi
AirportDriveWalkDistance
Cleveland-Hopkins International 24 min - 13.3 mi
Akron-Canton Regional 54 min - 42.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 303
Type: Surface
Included in Rent: Yes