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Maples Motel 4409 Cleveland Rd

24 Room Hotel Sandusky, OH 44870 £1,956,125 (£81,505/Room)

Executive Summary

Iconic Maples Motel available for purchase. This long-standing hospitality venue is perfectly located within the Lake Erie Shores & Islands area. Located in Huron Township, this property is conveniently located near the following area attractions: Osborn Park .2 miles, Sports Force Park/Cedar Point Sports Center 1.2 miles, Kalahari Resort and Convention Center 3.8 miles, City of Huron 4.7 miles, City of Sandusky 5.1 miles, Cedar Point Amusement Park 5.8 miles. Sale includes motel, cottages and home all sitting on 49.58 acres of land including frontage on Sandusky Bay. Erie County Parcels included in the sale are 41-00025.000, 41-00026.000 and 41-00028.000.
This site is part of the US 6 Connectivity Corridor and relocating US 6 farther away from the railroad crossing and adding a roundabout is the only viable improvement to address the safety risks at the intersection and railroad crossing. Buyer should consult with ODOT to confirm and verify roundabout location and impact.

Property Facts

Price £1,956,125
Price Per Room £81,505
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 49.00 AC
Building Size 8,278 SF
No. Rooms 24
Number of Floors 1
Year Built 1924
Parking Ratio 7.25/1,000 SF
Corridor Exterior

Amenities

  • Pool

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 24 £59.47 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 41-00026-000
  • 41-00028-000
Land Assessment
£90,247
Improvements Assessment
£70,102
Total Assessment
£160,349

zoning

Zoning Code Rural Residential
Rural Residential
  • Listing ID: 28072224

  • Date on Market: 27/03/2023

  • Last Updated:

  • Address: 4409 Cleveland Rd, Sandusky, OH 44870

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