4029 Marlane Dr | Grove City, OH 43123
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4029 Marlane Dr
Grove City, OH 43123
Grove City Travel Inn · Hospitality Property For Sale · 22,000 SF
Investment Highlights
- AUCTION SITE: https://rimarketplace.com/auction/2014/newly-renovated-44-key-hotel-in-grove-city-ohio
- A forthcoming contract with the OYO brand promises to elevate its status further, securing a promising trajectory for future growth.
- An additional 0.79-acre parcel for development presents an enticing opportunity for expansion or diversification.
- A newly renovated 44-key hotel in the heart of Grove City, Ohio. With a half-million-dollar revenue in 2023 alone
- The assets’ prime location ensures that walk-ins contribute substantially, accounting for up to 70% of the business.
- Within a short drive, are iconic landmarks such as the Greater Columbus Convention Center and Ohio State University.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1973/2009 |
| Building Class | C | Tenancy | Single |
| Lot Size | 1.21 AC | Parking Ratio | 2.36/1,000 SF |
| Building Size | 22,000 SF | Corridor | Exterior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.21 AC |
| Building Size | 22,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1973/2009 |
| Tenancy | Single |
| Parking Ratio | 2.36/1,000 SF |
| Corridor | Exterior |
Amenities
- High Speed Internet Access
- Public Access Wifi
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $347,795 | |
| Land Assessment | $149,975 | Total Assessment | $497,770 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$149,975
Improvements Assessment
$347,795
Total Assessment
$497,770
zoning
| Zoning Code | C2 (Commercial Zoning) |
| C2 (Commercial Zoning) |
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