$499,000
About this home
23-unit hotel for sale in a high-visibility location on Oberlin Elyria Rd in Oberlin with easy access to Elyria and Lorain. Strong traffic counts and convenient positioning near local amenities make this an ideal opportunity for an owner-operator or investor. Property features on-site parking, excellent frontage, and room to expand, offering additional upside potential. Great opportunity to continue operations or reposition for increased income.
Property details
- MLS
- NOWDD
- MLS #
- 5205289
- Property type
- HotelMotel
- Subdivision
- Township/New Russia
- Status
- Active
- Days on market
- 30
- On market date
- April 29, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 2.51 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 390
- Student:teacher ratio
- 14.4:1
- District
- Oberlin City Schools
- Enrollment
- 207
- Student:teacher ratio
- 9.4:1
- District
- Oberlin City Schools
- Enrollment
- 245
- Student:teacher ratio
- 11.7:1
- District
- Oberlin City Schools
Walkability
Blended score for Oberlin's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated May 29, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.