OH > Geneva
Geneva, OH 44041,4960 Golf View DR
Geneva, OH 44041,4960 Golf View DR
Geneva, OH 44041,4960 Golf View DR
Geneva, OH 44041,4960 Golf View DR
Geneva, OH 44041,4960 Golf View DR
Geneva, OH 44041,4960 Golf View DR
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Frontline Legacy Group

Frontline Legacy Group

+1(330) 621-8918
$ 1,100,000
Est. payment | /mo

0.8 Acres Lot

Save
$ 1,100,000
Est. payment | /mo
Save

0.8 Acres Lot

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5136572

HOA Y/N No

Year Built 1960

Annual Tax Amount $7,843

Tax Year 2023

Lot Size 0.800 Acres

Acres 0.8

Property Sub-Type Hotel/Motel

Property Description

Turnkey 11-Key Motel Investment Opportunity in Geneva-on-the-Lake, Ohio's First Summer Resort. Discover a rare chance to own a well-established, income-producing hospitality property in the heart of Geneva-on-the-Lake, a popular tourist destination with over 30 years of guest loyalty and untapped growth potential. This turnkey 11-unit motel features spacious 2-bedroom suites, each with queen beds, a full bathroom, a kitchenette, and a cozy sitting area. Three units have been fully remodeled, offering a modernized guest experience. Currently operating seasonally from Memorial Day to mid-September, the business thrives without advertising, showcasing strong repeat business. The property presents significant upside with potential for year-round operation and online marketing exposure. Included is a private second-floor owner's residence with approximately 2,000 sq ft, 3 bedrooms, 1.5 baths, formal living and dining rooms, and a large eat-in kitchen. The residence has not been rented, offering an opportunity for additional rental income or on-site management. Enjoy guest-attracting amenities including a recently upgraded in-ground pool (2023 improvements totaling $90K: new concrete, aprons, heater and plumbing), a landscaped outdoor pavilion for picnics and events, and ample green space. Sale includes all furnishings: linens, beds, TVs, heating/cooling units, kitchen appliances, and patio furniture: everything needed to continue operations from day one. Located just a short commute from the Lake Erie shoreline, Geneva State Park and Marina, wineries, the Historic Ashtabula Harbor, restaurants, and attractions, this property is ideal for investors seeking a stable, cash-flowing motel business with growth potential in a high-demand resort town

Location

State OH

County Ashtabula

Community Pool

Interior

Heating Forced Air, Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features Guest, Gravel, On Site, Open, Outside, Oversized, Parking Lot

Fence Perimeter, Wood

Pool Community

Community Features Pool

Water Access Desc Public

Roof Type Asphalt

Porch Patio

Building

Foundation Slab

Sewer Public Sewer

Water Public

Schools

School District Geneva Area Csd - 404

Others

Tax ID 210130002300

Acceptable Financing Other

Listing Terms Other

Listed by Antoinette Noday-Krager • McDowell Homes Real Estate Services • tonink@mcdhomes.com, 440-813-4079

GET MORE INFORMATION

agent
Frontline Legacy Group

Ohio's Only First Responder Owned & Operated Team | License ID: 2021006821

+1(330) 621-8918 | frontlinelegacygroup@gmail.com

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4960 Golf View DR