5225 Old Lake RD new

Geneva,OH 44041

$ 1850000

- Bed

0 Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5116498

HOA Y/N No

Year Built 1960

Annual Tax Amount $5,283

Tax Year 2024

Lot Size 10,789 Sqft

Acres 0.2477

Property Sub-Type Other

Property Description

Lake Erie Front Investment Opportunity on the Geneva-on-the-Lake Strip!

Don't miss this rare opportunity to own a 15-unit motel with a private beach area in the heart of Geneva-on-the-Lake's famous strip. Most rooms boast stunning Lake Erie views and have been completely updated within the last two years, making this a truly turn-key investment.
As an added bonus, a spacious 3-bedroom, 2-bath Airbnb awaits, offering breathtaking sunrise and sunset views over the lake. This unit features an open-concept layout, seamlessly blending the living, dining, and kitchen areas with a sunroom and large island, creating the perfect vacation atmosphere .
The solid brick structure ensures durability, and a dedicated lower-level owner's or janitorial suite provides convenient on-site living for a caretaker or manager.
New smart locks with remote access!!
Properties like this rarely hit the market, don't hesitate! Contact your agent today for more details on this prime lakeside investment

Location

State OH

County Ashtabula

Rooms

Basement Full,Partially Finished,Walk-Out Access

Interior

Heating Electric

Cooling Wall Unit(s)

Fireplace No

Exterior

Parking Features On Site

Water Access Desc Public

Building

Sewer Public Sewer

Water Public

Schools

School District Geneva Area Csd - 404

Others

Tax ID 210300000100

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