150 E State Route 14 - Hospitality FOR SALE


Columbiana, OH 44408
$5,350,000 USD
317-493-0055
150 E State Route 14, Columbiana, OH for Sale
$5,350,000 USD
Hospitality - FOR SALE
1/9
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150 E State Route 14
Columbiana, OH 44408


HIGHLIGHTS

  • This award-winning hotel, built in 2001, consistently delivers strong performance with healthy operating margins and stable top-line revenue.
  • Its reliable business mix includes weekday corporate and extended stay guests, complemented by weekend leisure demand.
  • A multiple-time MK Guertin Award winner, this Best Western Plus is recognized as one of the top performers in the entire system.
  • The hotel benefits from strong brand recognition, a loyal customer base, and operational support from Best Western.
  • Amenities include a fitness center, indoor pool, business center, meeting spaces, complimentary breakfast, commercial kitchen, and a ballroom.
  • Columbiana offers a low-competition environment with limited branded hotel supply. The local economy is anchored by regional industry.

OVERVIEW

Mitchell Glasson and Luke Whittaker of Matthews Real Estate Investment Services are pleased to present the opportunity to acquire the Best Western Plus in Columbiana, Ohio—one of the top-performing Best Westerns in the system and a multiple-time recipient of the prestigious MK Guertin Award. This 50-room asset is being offered directly by the original developer and presents a rare chance to acquire a high-quality, award-winning hotel in a stable, drive-to market. With consistently strong revenue, the property offers significant upside for an experienced hotel operator. Positioned just off OH-14, the hotel benefits from its proximity to regional economic hubs including Youngstown, Canton, and Pittsburgh. The surrounding area includes a mix of industrial, manufacturing, and energy-related demand, with strong weekday corporate business and reliable weekend leisure travel. Priced well below replacement cost and with minimal near-term brand or PIP obligations, this offering is ideal for investors seeking an efficient, easy-to-run asset in a growing submarket. Matt Wallace License No. REC.2022007141 (OH) (866) 889-0550 Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113

FOR SALE DETAILS

PRICE

$5,350,000 USD

PRICE/SF

$122 USD /SF

# OF ROOMS

52

PRICE/ROOM

$102,885 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Western Plus Dutch Haus Inn and Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2000

PARKING SPACES

141

LAND DETAILS

LAND ACRES

2.74 AC

LAND SF

119,260 SF

ZONING

Commercial

APN/PARCEL ID

29-103-0-113.00-0,54-120-0-009.00-0,54-120-0-012.00-0

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 Policy.