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44
Map
$2,600,000
●
Commercial -
For Sale
4029 Marlane Drive
Grove City, OH 43123
Studio
0 Bath
16623 Sqft
$15,936
Estimated Monthly
$0
HOA / Fees
-1.17%
Cap Rate
About This Property
This hotel is an incredible investment opportunity right off of the
Stringtown Road exit; cash flowing business, sure to grow with all
of the commercial and residential construction occurring in the
area. Right off of the highway, this is a prime location for
travelers and locals. The hotel has 44 rooms, including: 14
Singles, 28 Doubles, and 2 Suites. Both suites have a jacuzzi and
stand up shower in them. The photos will show 5 different types of
rooms including: King Handicapped Room, King Suite, Single Standard
Room, Double Standard Room, and Carpeted Rooms. The Hotel also has
vending machines, a laundry room, public restroom, a
breakfast/beverage bar, and multiple seating areas. Additionally,
there is a 2 Bedroom Owner's Suite and Apartment. Financials are
available, see A2A notes.
The manager has listed the unit size as 16623 square feet.
The manager has listed the unit size as 16623 square feet.
Unit Size
16,623Ft²
Days on Market
443 days
Land Size
1.21 acres
Price per sqft
$156
Property Type
Commercial
Property Taxes
$3,169
HOA Dues
-
Year Built
1973
Listed By
Last updated: 3 months ago (CCOMLSOH #223003465)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Feb 21, 2024 | Relisted | $2,600,000 | |
Relisted | |||
Sep 8, 2023 | In contract | - | |
In contract | |||
Feb 10, 2023 | Listed by Red 1 Realty, LLC | $2,600,000 | |
Listed by Red 1 Realty, LLC |
Property Highlights
Exterior Details
Exterior Information
Block
Masonry
Metal
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/12/2022
|
|
Loft
|
-
|
34412 ft²
|
$3,500,000
Loft
-
34412 ft²
|
-
-
|
-
|
Eric M Milisavljevich
Red 1 Realty
|
Building Info
4029 Marlane Drive
4029 Marlane Drive, Grove City, OH 43123
- 2 Units for Sale
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