805-557-8857
12211 US Highway 250 N, Milan, OH for Sale
Hospitality - FOR SALE
1/16
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12211 US Highway 250 N
Milan, OH 44846


HIGHLIGHTS

  • Located on US Highway 250 with remarkable visibility and access to both I-80 and I-90.
  • Fully renovated in 2022 to enhance guest experience and operational efficiency.
  • Situated on a 10.58-acre parcel, with room for potential future expansion.
  • Features include an outdoor pool, on-site restaurant and bar, and extensive parking accommodations.
  • Positioned within minutes from Cedar Point and Lake Erie, a major tourist and leisure market.
  • Strong historical revenue performance, presenting long-term upside for investors.

OVERVIEW

Motel Boutique by Wolf Inn offers an investment opportunity in the vibrant Sandusky/Port Clinton submarket of northern Ohio. Positioned on 10.58 acres along US Highway 250 with immediate access to I-80 and I-90, this property benefits from exceptional exposure to consistent traveler traffic and proximity to key destinations, including Cedar Point and Lake Erie attractions. The two-story, 55-room hotel underwent significant renovation in 2022, adding appeal for owner-operators and investors alike. Current amenities include a full-service restaurant and bar, outdoor pool, meeting areas, and robust internet connectivity. With a historical track record of revenue growth, this property offers scalability, including the potential to develop up to 100 additional rooms on site. The combination of location, expansion potential, and operational flexibility positions this asset as a compelling hospitality investment to capture regional and seasonal traffic in a robust tourism corridor.

FOR SALE DETAILS

PRICE

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# OF ROOMS

55

CAP RATE

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SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Motel Boutique by Wolf Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1940

PARKING SPACES

127

LAND DETAILS

LAND ACRES

10.58 AC

LAND SF

461,058 SF

ZONING

Commercial

APN/PARCEL ID

50-00105-000,50-00269-001

ASK ABOUT THIS PROPERTY

Andrew PostBowman Post GroupMore Info
805-557-8857

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Andrew PostBowman Post GroupMore Info
805-557-8857

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