179 Maumee AveNapoleon, OH 43545

For Sale
$550,000

Profitable Motel, House, & Garage

Overview

Added:
Feb 3
Days on market:
39
This exceptional investment opportunity presents a well-established motel in Napoleon, Ohio, boasting an impressive 90%+ occupancy rate. The property includes a fully remodeled motel (windows, doors, flooring, and paint updated approximately six years ago), featuring weekly, bi-weekly, and monthly rates, making it an ideal extended-stay option. The low-maintenance vinyl siding and large asphalt parking area add to its appeal. The property also includes a substantial four-bedroom, one-and-a-half-bathroom house with a basement, providing additional income potential or owner accommodations. A detached 864 square foot garage further enhances the property's value. All structures – the motel, house, and garage – are situated on a single 1.04-acre parcel, simplifying ownership and management. The motel's simple operation and decades-long history contribute to its profitability. This is a rare opportunity to acquire a turnkey, high-performing motel with significant ancillary benefits. The property's strong occupancy rate and low operational costs make it an attractive investment for discerning buyers seeking a stable and profitable venture. The combination of the motel, house, and garage on a single tax parcel presents a unique and compelling investment package.

Property Details for 179 Maumee Ave

Property type
Other commercial real estate
Year Built
1900
Lot Size (sq. ft)
45,302 SF

Location Insight

City
Napoleon
County
Henry
State
Ohio
Latitude
41.38688
Longitude
-84.11856
179 Maumee Ave, Napoleon, Ohio

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179 Maumee Ave
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