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Grove City 43123
4029 Marlane Drive
$2,600,000
Commercial - For Sale

4029 Marlane Drive

Grove City, OH 43123
bedrooms
Studio
bathrooms
0 Bath
square feet
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.
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
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20221012
10/12/2022
Loft
-
34412 ft²
$3,500,000
bedrooms
Loft
bathrooms
-
square feet
34412 ft²
-
-
-
Eric M Milisavljevich
Red 1 Realty

Building Info

4029 Marlane Drive 4029 Marlane Drive, Grove City, OH 43123
  • 2 Units for Sale
More about this Building
4029 Marlane Drive
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About Grove City


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