2395 Scott St - Hospitality FOR SALE


Napoleon, OH 43545
$2,500,000 USD
740-480-3918
2395 Scott St, Napoleon, OH for Sale
$2,500,000 USD
Hospitality - FOR SALE
1/7
null | Request Cap Rate

2395 Scott St
Napoleon, OH 43545


HIGHLIGHTS

  • 78 rooms plus on-site manager’s apartment
  • Currently independent – ripe for franchise conversion
  • Ideal for Ramada, Baymont, Travelodge, or similar brand repositioning
  • Located on U.S. Route 24 with easy access to major regional cities
  • High upside opportunity in an underserved market
  • Ample parking and land for operational flexibility

OVERVIEW

This is an excellent repositioning opportunity for an experienced operator or investor seeking to acquire an asset with upside potential. This is a Proforma Property with no financials. The current independent status allows for flexible branding or redevelopment strategies, and the existing 78-room structure offers a substantial footprint with a manager’s apartment included in the offering. High Visibility & Access: Napoleon Inn and Suites is located along major thoroughfares U.S. Route 6 & State Route 24 and already benefits from strong traffic counts, excellent visibility, and convenient ingress/egress—ideal for commercial redevelopment. Underutilized Asset The property was reopened recently and offers tremendous financial upside for an owner/operator based on local demand for hospitality and/or valuable as raw commercial and and/or health care use with easier conversion requirements. Zoning & Lot Size The parcel is already zoned for commercial use and offers ample acreage with surface parking, it simplifies the approval process for uses like gas stations, clinics, or retail. The Napoleon Inn and Suites location is primed for an owner/operator that enjoys the benefits of an independent hospitality asset or upgrade to a franchised model to further drive top line and bottom line revenues. The property sits on approx. 2.62 acres (additional land is available separately), with ample parking and a structure that can be renovated into a national franchise, increasing occupancy and ADR potential. It is also a huge opportunity for redevelopment into a gas station, retail, or healthcare use due to a combination of strategic real estate, market demand, and developing local economic conditions.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$22 USD /SF

# OF ROOMS

79

PRICE/ROOM

$31,646 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Inn Napoleon

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1968

PARKING SPACES

-

LAND DETAILS

LAND ACRES

9 AC

LAND SF

392,040 SF

ZONING

C-1

APN/PARCEL ID

41-110032-0000

ASK ABOUT THIS PROPERTY

Anish Shahe-Merge Commercial Real EstateMore Info
740-480-3918

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Anish Shahe-Merge Commercial Real EstateMore Info
740-480-3918

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