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5225 Old Lake Road Geneva, OH $ 1,999,000
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$ 1,999,000 Get more info
5225 Old Lake Road
$ 1,999,000
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Share Save

5225 Old Lake Road

Geneva, OH, 44041
$ 1,999,000
Baths0.0 Sq 8,200

Monthly Estimate*

$ 13,964

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Studio

Commercial Property for sale in Geneva, OH

for $1,999,000. This 8,200 square foot building was built in 1960 on a lot size of 0.28.

Private Beach area with this 15 unit motel on the "strip" at Geneva on the Lake. Most room offer Lake Erie Views and have been completely updated within the last 2 years. An additional 3 bed/2bath Airbnb awaits you with breathtaking Lake Erie views of the sunrise and sunsets. This unit has an open concept living, dining, sunroom and completely updated kitchen with large island and vacation vibes! This is a solid brick structure and turn key ready. An "owners" or "janitorial" suite is located at the lower level to offer a living space for a caretaker w/access form Lobby/check-in area. These opportunities do not become available often, so do not hesitate to reach out with questions to your agent right away.

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Commercial Active

Price

$ 1,999,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,479

Style

Lot Size

0.28

Year Built

1960

Town/City

Geneva

County/Region

Ashtabula

MLS | Web ID

4499884
Features
General
Sewer PublicSewer
Heating Electric None
Cooling WallUnits
Possession DeliveryOfDeed
Year Built 1960
Tenant Pays Other
Property SubType SpecialPurpose
County Ashtabula
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Subdivision Name Lake Shore
Garage Y/N N
Building Features JanitorialService PrivateRestrooms Signs
Status Active
Directions Lake rd to east end of strip just east of GOTL Brew Co
City Geneva
Buyer Agent Compensation 3
View Y/N N
Senior Community Y/N N
High School District Geneva Area CSD - 404
Total Units 16
Waterfront Y/N N
Carport Y/N N
Street Name Old Lake
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 5479.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 142
Standard Status Active
Occupancy Description Vacant
Middle/Junior School District Geneva Area CSD - 404
Elementary School District Geneva Area CSD - 404
Property Sub Type Additional SpecialPurpose
Legal Description 2 BATTLES
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Interior
Basement Full PartiallyFinished WalkOutAccess
Total Stories 2
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 8200.0
Street Suffix Road
Electric On Property Y/N N
Main Level Bathrooms 0
Above Grade Finished Area Source Realist
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Exterior
Parking Features OnSite Paved
Water Source Public
Lot Size Area 0.28
Number of Buildings 1
Spa N
Building Area Total 8200.0
Lot Dimensions 53x211
Lot Size Acres 0.28
Lot Size Units Acres
Lot Size Source PublicRecords
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 5225
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* Excluded Features
List By
Clorice L Dlugos

Listing Agent

Mcdowell Homes Real Estate Services

Broker

cloricedlugos@gmail.com

Email

Affordability Calculator

$14,420
Per Month
97%
3%
0%
Monthly Principal & Interest
$13,964
Monthly Property Taxes
$457
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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4457707 Elementary School
4457662 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/19/2024$1,990,000 -20.40% Price Down
1/5/2024$2,500,000 -16.39% Price Down
11/6/2023$2,990,000 Listed Price

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5225 Old Lake Road, Geneva, OH, 44041 is a Commercial Property for sale at $1,999,000 with 8,200 sqft and a lot size of 0.28. 5225 Old Lake Road is a studio with 0.0 baths and was built in 1960. The property's zip code is 44041 which is in Geneva, OH

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