$1,300,000
Active
13 Days Online
0 Beds0 Baths0 SQFT
Active

4960 Golfview Drive Geneva, OH 44041

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11-keys motel within Ohio's First Summer Resort. Ideal for an investor seeking a turn key, well-established hospitality business with significant upside potential. Each motel suite features 2 bedrooms with queen beds, 1 bath, kitchenette, and sitting area. One suite is fully remodeled. Loyal clientele of repeat guests for over 30 years, thriving without advertising. Booking details reflect Memorial Day through mid September. This could be open year round. Spacious 2nd-floor residence: Approximately 2000 sq ft, 3 bedrooms, 1.5 baths, formal living and dining rooms, eat-in kitchen. The sellers did not rent the second floor living space and is potential for additional income. In-ground pool recently updated with $90k of improvements in 2023 including new concrete, aprons, and plumbing. Outdoor Pavilion for covered picnics and gatherings with landscaped green space. All linens, bedding, patio furniture, room furniture, benches, refrigerators, heating/cooling units, TVs are included. This is a turnkey business with potential for growth in a sought-after location.

  • Property TypeCommercial
  • NeighborhoodConnecticut Western Reserve
  • CountyAshtabula
  • Taxes$7,843
  • HOA/Condo/Coop Fees$0
  • Days on Site13 Days
  • MLS StatusActive
  • MLS ID Number5038409
  • Home Size Source N/A
  • Year Built1960
  • Lot Size0.8 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Building Features Signs
  • Parking GuestGravelOn SiteOpenOutsideOversizedParking Lot
  • Sewer Public Sewer
  • Acreage 0.8
  • Water Public
  • Zoning Commercial
  • Property Sub Type Hotel- Motel
  • Attached Garage No
  • Foundation Slab

Interior Features

  • Cooling Central Air
  • Heating Forced AirGas

Exterior Features

  • Roof Asphalt
  • Fencing PerimeterWood
  • Pool Features Community
  • Waterfront Property No
  • Patio And Porch Patio

Community Features

  • Township Geneva-on-the-Lake Village
  • Community Features Pool
  • Building Features Signs

Schools

School District
Geneva Area CSD - 404
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$6,877
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