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$1,200,000
232 Days On Site

3537 Liberty Avenue
Vermilion, OH 44089

For Sale|Hotel/Motel|Active
0
Beds
0
Full Baths
0
Partial Baths
7,963
SqFt
$151
/SqFt
1950
Built
Subdivision:
Vermilion/Lk 02/Krough Syn
County:
Lorain

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3537 Liberty Avenue3537 Liberty Avenue3537 Liberty Avenue3537 Liberty Avenue
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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!

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Listing Snapshot
Price 
$1,200,000
Days On Site 
232 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,963 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.14 Acres
Year Built 
1950
MLS® Number 
5028703
Status 
Active
Property Tax 
$12,488
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
8 months agoListing first seen on site
8 months agoListing updated with changes from the MLS®
General Features
Acres 
1.14
Parking 
Circular DrivewayConcreteGravelOn SiteParking Lot
Property Condition 
Updated/Remodeled
Property Sub Type 
Hotel/Motel
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
7963
Water Source 
Public
Zoning 
Commercial
Interior Features
Basement 
FullOther
Cooling 
Wall Unit(s)
Heating 
Natural GasBaseboard
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Exterior Features
Fencing 
None
Roof 
AsphaltFiberglass
Community Features
Community Features 
Park
Financing Terms Available 
CashConventional
School District 
Vermilion LSD - 2207
Township 
Vermilion
Schools
School District
Vermilion LSD - 2207
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Steven Lawson of Russell Real Estate Services



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2024 - Multiple Listing Service, Inc. – All Rights Reserved.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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