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5300 Rockside Rd
Independence, OH 44131

Price Upon Request

Hotel For Sale • 122,915 SF

Property Details

Property Type Hotel
Total Building Size 122,915 SF
Lot Size 6.53 AC
Building Class B
Year Built 1974
Tenancy Multiple
Zoning U-6A

0 Transit Score

22 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
On-Site Retail
High Speed Internet Access
On-Site Bar
Meeting Event Space
Public Access Wifi

Public Transportation

Commuter Rail	Drive	Walk	Distance
Rockside (National Park Scenic Railway - Cuyahoga Valley Scenic Railroad)	6 min	-	2.2 mi
Canal Exploration Center (National Park Scenic Railway - Cuyahoga Valley Scenic Railroad)	8 min	-	3.7 mi
Airport	Drive	Walk	Distance
Cleveland-Hopkins International	24 min	-	13.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	250
Type:	Surface
Included in Rent:	Yes

Errol D'Souza 740-965-1966 Laurel Real Estate Company

5300 Rockside Rd Independence, OH 44131