This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Wolf Inn Hotel 2905 Milan Rd

112 Room Hotel Sandusky, OH 44870 $5,744,400 CAD ($51,289 CAD/Room)

Investment Highlights

  • 112 units, 2 Story, Interior and Exterior Corridor
  • 2021 Room Revenue: $1,509,427.55, 2022 Room Revenue: $1,674,442, 2023 Room Revenue: $1,361,991
  • Offered at 2.94x Room Revenue Multiplier
  • 10 minutes from Cedar Point
  • $67,200 Generated from Leased Restaurant Spaces
  • Priced to sell at $35,714 Per Key

Executive Summary

The Bowman Post Group of NewGen Advisory is pleased to announce the exclusive listing of the Wolf Inn Hotel in Sandusky, Ohio. This 112-room, two-story hotel, featuring an interior and exterior corridor design, is conveniently located just 10 minutes from Cedar Point, the renowned "Roller Coaster Capital of the World." Cedar Point attracts thrill-seekers from all over, but Sandusky offers much more than just amusement park excitement. Visitors can enjoy beautiful waterfront views, boating, fishing, and beach activities on Lake Erie. This property represents a prime investment opportunity in a city that draws families from near and far.
For more information and to access finacials, please click here: https://airtable.com/appKi7yOZ4kk2VGe7/shrlgRHZHp0t1p6Oe
Broker of Record: Thomas D'Amico | D'Amico Agency | License No.: 177678

Property Facts

Price $5,744,400 CAD
Price Per Room $51,289 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.03 AC
Building Size 36,600 SF
No. Rooms 112
No. Stories 2
Year Built 1959
Tenancy Single
Parking Ratio 2.49/1,000 SF
Corridor Interior

Amenities

  • Pool
  • Restaurant

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 112 $117.76 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
32-00153-000
Land Assessment
$369,029 CAD
Improvements Assessment
$122,704 CAD
Total Assessment
$491,733 CAD

zoning

Zoning Code HC
HC
  • Listing ID: 32694607

  • Date on Market: 2024-08-05

  • Last Updated:

  • Address: 2905 Milan Rd, Sandusky, OH 44870

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}