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Investment Highlights
- Only hotel located on the main strip of downtown Put-in-Bay, directly across from the waterfront and DeRivera Park.
- Recently renovated rooms and suites with upgraded finishes, including family-sized units with kitchenettes and modern amenities.
- Includes a golf cart rental business controlling roughly 25% of all carts on the island, with 335 licenses and 400 owned carts.
- Additional revenue potential from a fully renovated street food counter and strong proximity to popular bars, restaurants, and attractions.
Executive Summary
Edgewater Hotel presents a rare investment opportunity in the heart of Put-In-Bay, Ohio, one of the Midwest’s most popular vacation destinations. Positioned directly on the main strip across from DeRivera Park and the waterfront, this property offers unmatched visibility and foot traffic. The hotel features ten rooms, including eight suites—five with kitchenettes—and two standard rooms, all recently renovated with modern finishes. In addition to lodging, the offering includes a profitable golf cart rental business with approximately400 owned carts and335 licenses, representing about 25% of the island’s total fleet. A fully renovated street food walk-up counter, currently operating as Lester’s Tacos & Pizzeria, adds another revenue stream. With its central location, multiple income sources, and strong seasonal demand, this property is well-positioned for long-term growth and operational success.
Property Facts
| Sale Type | Investment | Building Size | 11,326 SF |
| Property Type | Specialty | No. Stories | 2 |
| Lot Size | 0.26 AC | Year Built | 1999 |
| Sale Type | Investment |
| Property Type | Specialty |
| Lot Size | 0.26 AC |
| Building Size | 11,326 SF |
| No. Stories | 2 |
| Year Built | 1999 |
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 025-1910403371000 | Improvements Assessment | $40,663 |
| Land Assessment | $356,041 | Total Assessment | $396,704 |
Property Taxes
Parcel Number
025-1910403371000
Land Assessment
$356,041
Improvements Assessment
$40,663
Total Assessment
$396,704
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