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298 Park Ave 8 Room Bed and Breakfast Conneaut, OH 44030 $949,000 ($118,625/Room)

EXECUTIVE SUMMARY
This property is beyond the most beautiful piece of land on Lake Erie. The views are spectacular with views of the whole Conneaut Harbor with all the boat docks, lighthouse and boating activities. The 8 Unit motel features rooms on one side with a walk thru into a small kitchen table area and thru to another motel unit. Some units feature 2 single beds while others offer queen beds. All furniture, bedding etc. will stay with the sale. There is also an office/laundry unit plus great storage as well as an upstairs area for storage. Behind the motel you are greeted with a darling 2 bedroom.1 full bath ranch looking over the harbor as well. It features an eat-in kitchen with sliding doors out to a cement patio. Great spot for watching eagles soar, waves roar, large boats entering the harbor as well as beautiful sunsets and views of the Conneaut Lighthouse. This is one piece of property you don't want to pass up. The seller put new metal roofs on all buildings and new siding on the motel and ranch house. Just remember that the last time I checked, they're not making any more Lake front properties.
PROPERTY FACTS
| Price | $949,000 | Lot Size | 0.59 AC |
| Price Per Room | $118,625 | Building Size | 3,164 SF |
| Sale Type | Investment | No. Rooms | 8 |
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Bed and Breakfast | Year Built | 1955 |
| Building Class | C |
| Price | $949,000 |
| Price Per Room | $118,625 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Building Class | C |
| Lot Size | 0.59 AC |
| Building Size | 3,164 SF |
| No. Rooms | 8 |
| No. Stories | 1 |
| Year Built | 1955 |
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 8 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 122030000200 | Improvements Assessment | $42,910 |
| Land Assessment | $25,590 | Total Assessment | $68,500 |
PROPERTY TAXES
Parcel Number
122030000200
Land Assessment
$25,590
Improvements Assessment
$42,910
Total Assessment
$68,500
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298 Park Ave
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