4960 Golf View Drive
Geneva, OH, 44041 $ 995,000
Bedrooms-- Baths-- Monthly Estimate*
$ 6,208
for $995,000. This building was built in 1960 on a lot size of 0.8.
Turnkey 11-Key Motel Investment Opportunity in Geneva-on-the-Lake, Ohio's First Summer Resort. Discover a rare chance to own a well-established, income-producing hospitality property in the heart of Geneva-on-the-Lake, a popular tourist destination with over 30 years of guest loyalty and untapped growth potential. This turnkey 11-unit motel features spacious 2-bedroom suites, each with queen beds, a full bathroom, a kitchenette, and a cozy sitting area. Three units have been fully remodeled, offering a modernized guest experience. Currently operating seasonally from Memorial Day to mid-September, the business thrives without advertising, showcasing strong repeat business. The property presents significant upside with potential for year-round operation and online marketing exposure. Included is a private second-floor owner's residence with approximately 2,000 sq ft, 3 bedrooms, 1.5 baths, formal living and dining rooms, and a large eat-in kitchen. The residence has not been rented, offering an opportunity for additional rental income or on-site management. Enjoy guest-attracting amenities including a recently upgraded in-ground pool (2023 improvements totaling $90K: new concrete, aprons, heater and plumbing), a landscaped outdoor pavilion for picnics and events, and ample green space. Sale includes all furnishings: linens, beds, TVs, heating/cooling units, kitchen appliances, and patio furniture: everything needed to continue operations from day one. Located just a short commute from the Lake Erie shoreline, Geneva State Park and Marina, wineries, the Historic Ashtabula Harbor, restaurants, and attractions, this property is ideal for investors seeking a stable, cash-flowing motel business with growth potential in a high-demand resort town
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FeaturesGeneralSewer Public Sewer
Heating Forced Air Gas
Cooling Central Air
Possession Delivery Of Deed
Roof Asphalt
Patio/Porch Features Patio
Pool Features Community
Year Built 1960
Township Geneva-on-the-Lake Village
Property Subtype Hotel/Motel
Tax Year 2023
Business Type Hotel/Motel Hospitality Rental Residential
Community Features Pool
County Ashtabula
Property Type Commercial Sale
Attached Garage false
Building Features Sign(s)
Status Active
Directions Lake Rd to Green Lantern to Golf View
City Geneva
High School District Geneva Area CSD - 404
Zoning Description Commercial
Lot Size Units Acres
Tax Annual Amount 7843.72
Water Sewer Expense 450
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Geneva Area CSD - 404
Elementary School District Geneva Area CSD - 404
Year Built Source Public Records
Property Sub Type Additional Hotel/Motel
Legal Description SEC 2--13 M & 14 W Commercial - MOTEL
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InteriorBasement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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ExteriorFencing Perimeter Wood
Parking Features Guest Gravel On Site Open Outside Oversized Parking Lot
Water Source Public
Lot Size Area 0.8
Foundation Details Slab
Lot Size Acres 0.8
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded FeaturesList ByAntoinette Noday-KragerListing Agent
Mcdowell Homes Real Estate ServicesBroker
Affordability Calculator
- Monthly Principal & Interest
- $6,208
- Monthly Property Taxes
- $654
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% 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.
Learn more about how to save NearbyCommerical listings in Geneva, OH
Average List Price $616,780
Percent of Sale Price 38%
About Geneva, OH 6,058 Population
-8% Since 2002
$ 42,249 Median Income
41.79 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4458522 Elementary School
4458476 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/29/2025 | $995,000 | | Listed Price |