4029 Marlane Drive Grove City, OH $ 2,600,000
4029 Marlane Drive
$ 2,600,000
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4029 Marlane Drive

Grove City, OH, 43123
$ 2,600,000
Baths0.0 Sq 16,623

Monthly Estimate*

$ 18,162

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Studio

Commercial Property for sale in Grove City, OH

for $2,600,000. This 16,623 square foot building was built in 1973 on a lot size of 1.21.

This hotel is an incredible investment opportunity right off of the Stringtown Road exit; cash flowing business, sure to grow with all of the commercial and residential construction occurring in the area. Right off of the highway, this is a prime location for travelers and locals. The hotel has 44 rooms, including: 14 Singles, 28 Doubles, and 2 Suites. Both suites have a jacuzzi and stand up shower in them. The photos will show 5 different types of rooms including: King Handicapped Room, King Suite, Single Standard Room, Double Standard Room, and Carpeted Rooms. The Hotel also has vending machines, a laundry room, public restroom, a breakfast/beverage bar, and multiple seating areas. Additionally, there is a 2 Bedroom Owner's Suite and Apartment. Financials are available, see A2A notes.

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Commercial Active

Price

$ 2,600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 38,024

Style

Hotel/Motel

Lot Size

1.21

Year Built

1973

Town/City

Grove City

County/Region

Franklin

MLS | Web ID

223003465

Features
General
Sewer Public Sewer
Construction Block Frame Masonry Metal
Possession Negotiable
Zoning Commercial
Status Active
Year Built 1973
Electric 3 Phase Single Phase
County Franklin
Township Jackson
Type Hotel/Motel
Property Type E
Number of Units 44.00
Tax Year 2021
Days on Market 269
City Grove City
Street Name Marlane
Building Sq Ft 16623.00
Listing Member Name Alon S Melmed
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Exterior
# of Drive-In Doors 0.00
Total Parking 75.00
# of Docks 0.00
Acreage 1.21
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Interior
Heat Type Forced Air
Heating Fuel Electric Gas
Occupancy Rate 45
Street Suffix Drive
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* Excluded Features
List By
Alon S Melmed

Listing Agent

Red 1 Realty

Broker

alon.melmed@gmail.com

Email

Affordability Calculator

$21,330
Per Month
85%
15%
0%
Monthly Principal & Interest
$18,162
Monthly Property Taxes
$3,169
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1421267 Elementary School
1421418 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/10/2023$2,600,000 Listed Price

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4029 Marlane Drive, Grove City, OH, 43123 is a Commercial Property for sale at $2,600,000 with 16,623 sqft and a lot size of 1.21. 4029 Marlane Drive is a studio with 0.0 baths and was built in 1973. The property's zip code is 43123 which is in Grove City, OH