Commercial Real Estate for Sale at 14043 Brookpark Road in Brook Park, OH for $2,750,000

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14043 Brookpark Road | Brook Park

$2,750,000 | 0.0 Sq. Ft.

Tremendous value-add opportunity! Travelodge by Wyndham Cleveland Airport, located at 14043 Brookpark Rd, Brook Park, OH, is a 125-room, 5-story hotel positioned less than 5 minutes from Cleveland Hopkins International Airport\u2014the busiest airport in Ohio with over 10 million passengers annually. Guests enjoy free parking and a complimentary airport shuttle, making this a strong choice for both leisure and business travelers.\r\n\r\nThe hotel offers multiple avenues for upside, including income from a rooftop antenna, potential to lease the on-site bar and restaurant (with active liquor and food license), and completion of the current property improvement plan (3rd floor complete, 2nd in progress, 4th and 5th pending).\r\n\r\nAn adjacent 0.58-acre lot is included in the sale, providing additional development potential. Conveniently located off I-480, the property benefits from strong nearby demand drivers such as sports arenas, medical facilities, manufacturing, and entertainment venues. Upcoming projects\u2014including a new NFL stadium and entertainment district, major renovations at CLE Airport, and expansion at the I-X Center\u2014are expected to significantly increase visitor traffic to the area.\r\n\r\nWith reduced supply of airport hotels and an ownership transition underway, this property presents a rare opportunity for active investors to unlock its full potential in one of Cleveland\u2019s strongest hotel submarkets. MLSNow 5153135 Directions to property: I-480 to Brookpark rd

MLS Listing ID: 
MLSNow 5153135
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$2,750,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Hotel/Motel
Primary Market Area: 
Brook Park
Address: 
14043 Brookpark Road, Brook Park, OH 44142
County: 
Cuyahoga
Latitude: 
41.4176310
Longitude: 
-81.7924760
Directions: 
I-480 to Brookpark rd
Public Remarks: 
Tremendous value-add opportunity! Travelodge by Wyndham Cleveland Airport, located at 14043 Brookpark Rd, Brook Park, OH, is a 125-room, 5-story hotel positioned less than 5 minutes from Cleveland Hopkins International Airport\u2014the busiest airport in Ohio with over 10 million passengers annually. Guests enjoy free parking and a complimentary airport shuttle, making this a strong choice for both leisure and business travelers.\r\n\r\nThe hotel offers multiple avenues for upside, including income from a rooftop antenna, potential to lease the on-site bar and restaurant (with active liquor and food license), and completion of the current property improvement plan (3rd floor complete, 2nd in progress, 4th and 5th pending).\r\n\r\nAn adjacent 0.58-acre lot is included in the sale, providing additional development potential. Conveniently located off I-480, the property benefits from strong nearby demand drivers such as sports arenas, medical facilities, manufacturing, and entertainment venues. Upcoming projects\u2014including a new NFL stadium and entertainment district, major renovations at CLE Airport, and expansion at the I-X Center\u2014are expected to significantly increase visitor traffic to the area.\r\n\r\nWith reduced supply of airport hotels and an ownership transition underway, this property presents a rare opportunity for active investors to unlock its full potential in one of Cleveland\u2019s strongest hotel submarkets.
Community Information
School District: 
Cleveland Municipal - 1809
Building Details
Details about the building on a property.
Year Built: 
1965
Living Area: 
0.0
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Other
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
2.69
Lot Size (Area): 
2.69
Public Record
Parcel Number: 
344-06-006
Annual Tax: 
$35,095.82
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Disclosures: 
Principal is Real Estate Licensed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
EXP Realty, LLC.

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