$1,200,000
Active
29 Days Online
0 Beds0 Baths0 SQFT
Active

3537 Liberty Avenue Vermilion, OH 44089

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Welcome to an exceptional investment opportunity nestled in the heart of Vermilion, Ohio. Presenting 3537 Liberty Rd, a lucrative real estate offering featuring a 17-unit motel with instant cash flow. Situated near downtown Vermilion and just a few blocks away from the serene shores of Lake Erie, this property boasts both convenience and charm. In addition to the thriving motel business, this property includes a cozy 2-bedroom house, perfect for generating additional rental income or providing accommodation for an on-site manager, enhancing the property's management efficiency. Moreover, convenience is key with an on-site coin-operated laundry room, ensuring added convenience for both guests and tenants. The property also features a spacious 1200 sq ft 2-story high pole barn, providing ample storage space or potential for further rental opportunities. Expanding the income potential even further, a vast 180 x 70 vacant lot is situated at the rear of the property, offering endless possibilities for expansion or development. Don't miss out on this rare opportunity to own a lucrative real estate asset in Vermilion, Ohio. Whether you're an experienced investor seeking to expand your portfolio or a newcomer looking for a profitable venture, 3537 Liberty Rd offers the perfect blend of income potential and location convenience. Schedule your viewing today and unlock the doors to endless possibilities!

  • Property TypeCommercial
  • NeighborhoodVermilion/Lk 02/Krough Syn
  • CountyLorain
  • Taxes$12,488
  • HOA/Condo/Coop Fees$0
  • Days on Site28 Days
  • MLS StatusActive
  • MLS ID Number5028703
  • Home Size Source Public Records
  • Year Built1950
  • Lot Size1.14 Acres
  • Full BathsN/A
  • Partial BathsN/A

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Recent Activity For 3537 Liberty Avenue Vermilion, OH 44089

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General Features

  • Building Features OtherReception Area
  • Parking Circular DrivewayConcreteGravelOn SiteParking Lot
  • Sewer Public Sewer
  • Basement FullOther
  • Acreage 1.14
  • Water Public
  • Zoning Commercial
  • Property Sub Type Hotel- Motel
  • Attached Garage No
  • Listing Conditions Standard

Interior Features

  • Cooling Wall Units
  • Heating BaseboardGasRadiators
  • Laundry Features Coinoperated

Exterior Features

  • Roof AsphaltFiberglass
  • Fencing None
  • Waterfront Property No

Community Features

  • Township Vermilion
  • Community Features Park
  • Building Features OtherReception Area

Schools

School District
Vermilion LSD - 2207
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$6,529
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