10621 Fremont Pike - Hospitality FOR SALE


Perrysburg, OH 43551
$4,700,000 USD
317-493-0055
10621 Fremont Pike, Perrysburg, OH for Sale
$4,700,000 USD
Hospitality - FOR SALE
1/3
null | Request Cap Rate

10621 Fremont Pike
Perrysburg, OH 43551


HIGHLIGHTS

  • Full 2025 renovation completed — no outstanding PIP for the incoming owner.
  • Ranked 5 of 6 in comp set, signaling strong operational upside potential.
  • Positioned just off I-75 near corporate, manufacturing, and logistics demand drivers.
  • 136-key select-service hotel priced at approximately $34,000 per key.
  • Diverse demand from First Solar, Owens Corning, O-I Glass, and Amazon nearby.
  • Proximity to Levis Commons, Toledo Zoo, and Hollywood Casino Toledo.

OVERVIEW

Luke Whittaker and Mitchell Glasson are pleased to present the opportunity to acquire the Quality Inn Perrysburg, a well-located select-service hotel positioned in one of Northwest Ohio's strongest lodging markets. Situated just off Interstate 75, the property benefits from exceptional accessibility and visibility along one of the Midwest's busiest north-south transportation corridors. The hotel is surrounded by a diverse mix of demand generators, including Downtown Toledo, the University of Toledo, Owens Community College, and numerous industrial and distribution facilities throughout the Toledo metropolitan area. Perrysburg is home to a significant concentration of manufacturing, logistics, and corporate employers—including operations for First Solar, Owens Corning, O-I Glass, and Amazon—which provide stable year-round commercial lodging demand. The property also benefits from proximity to area retail, dining, and recreational attractions, including Levis Commons, the Toledo Zoo, and the Hollywood Casino Toledo, supporting additional leisure and weekend demand. The Quality Inn flag offers investors the opportunity to acquire a well-recognized Choice Hotels brand in an established Midwest market with diverse economic fundamentals and multiple avenues for future revenue growth. Broker Of Record Matt Wallace Matthews Real Estate Investment Services, Inc BRKP.2024002419, REC.2022007141 (OH) 950 Main Ave., Suite 510, Cleveland, OH 44113 (866) 889-0550

FOR SALE DETAILS

PRICE

$4,700,000 USD

PRICE/SF

$68 USD /SF

# OF ROOMS

136

PRICE/ROOM

$34,559 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quality Inn Perrysburg

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.06 AC

LAND SF

220,414 SF

ZONING

C-4

APN/PARCEL ID

P60-400-090104002000

ASK ABOUT THIS PROPERTY

Luke WhittakerMatthews Real Estate Investment ServicesMore Info
317-493-0055

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Luke WhittakerMatthews Real Estate Investment ServicesMore Info
317-493-0055

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.