1213 Dublin Granville RdColumbus, OH 43229

  • Hospitality properties
  • 21,404 SF
For Sale

Property Details for 1213 Dublin Granville Rd

Year built
1969
Construction
WOOD
Lot size
4.28 AC
Property size (Sq ft)
21,404 SF
Zone code
1213
Property type
Hospitality properties
Property subtype
Motels
APN
010-121652
APU
10121652

Description

Investor opportunity: A lender-approved short sale presents a 135-unit, two-story hotel in Columbus, Ohio. Built in 1969 and renovated in 1992, this interior corridor property boasts a 2023 room revenue of $1,629,487. Strategically located near the intersection of Interstate 71 and Highway 161, just 11 miles from the Columbus International Airport, this property offers significant potential. Priced at $30,000 per key, it presents multiple conversion opportunities, including the possibility of rebranding, converting to multi-family housing, or exploring alternative uses. The property is unencumbered by a franchise agreement, providing flexibility for the new owner. This is an exceptional chance to acquire a substantial hospitality asset in a thriving market. The property is located at 1213 E Dublin Granville Rd, Columbus, OH 43229, within Franklin County.

1213 Dublin Granville Rd, Columbus, Ohio

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
40.0865
Longitude
-82.9854
CBSA code
18140
CBSA name
COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$146,266
$658,350
$1,343,970
$2,002,320
-
$1,881,000
$3,839,900
$5,720,900

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