3537 Liberty Avenue Vermilion, OH 44089
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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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