11410 State Route 250 - Hospitality FOR SALE


Milan, OH 44846
$2,650,000 USD
818-357-5156
11410 State Route 250, Milan, OH for Sale
$2,650,000 USD
Hospitality - FOR SALE
1/5
null | Request Cap Rate

11410 State Route 250
Milan, OH 44846


HIGHLIGHTS

  • 2-Story, Interior Corridor Hotel
  • 66 Rooms
  • Close Proximity to Cedar Point – One of the Most Visited Amusement Parks in the U.S.
  • Direct Access from I-80/90 – 1 Hour to Cleveland and Toledo
  • T-12 Revenue: $755,886

OVERVIEW

Days Inn Milan is a 66-room, two-story interior corridor hotel located in Milan, Ohio. Strategically positioned along the high-traffic I-80/90 Ohio Turnpike and directly off U.S. Route 250. The property offers easy access to Sandusky, Cedar Point Amusement Park, and the scenic shores of Lake Erie, making it a convenient choice for both leisure and business travelers. Cedar Point, known as “America’s Roller Coast.”, welcomed over 4.05 million visitors in 2023, making it the most-visited amusement park in the U.S. outside of Florida and California. The property is in good condition, with recent updates completed, and a manageable PIP anticipated upon transfer. In 2021 and 2022, the property generated annual revenues of over $900,000, but it has underperformed under current management. Despite this, performance has improved in 2025, with June revenue up nearly 15% year-over-year, signaling positive momentum and a clear path to revenue recovery. Interested buyers are invited to contact us for further information, to schedule a property visit, or to submit an offer. All property visits are by appointment only. Please do not contact the hotel or speak with the staff. In cooperation with Thomas D'Amico (OH Lic #BRKP.0000177678).

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$80 USD /SF

# OF ROOMS

66

PRICE/ROOM

$40,152 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Days Inn by Wyndham Milan Sandusky South

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1990

PARKING SPACES

76

LAND DETAILS

LAND ACRES

3.65 AC

LAND SF

158,863 SF

ZONING

C-2

APN/PARCEL ID

50-00146-000

ASK ABOUT THIS PROPERTY

Eric WoldAmber Hotel CompanyMore Info
818-357-5156

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Eric WoldAmber Hotel CompanyMore Info
818-357-5156

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