Business Description

Rare opportunity to own a well-established boutique hotel and vacation rental business on a busy tourist island in Lake Erie. Situated in a prime location with stunning lake views and proximity to a National Monument, this turn-key operation offers a relaxed seasonal or retirement lifestyle. With potential for further growth, it is an ideal investment for an entrepreneur seeking to expand in a thriving tourist destination. The island is a popular vacation spot on Lake Erie's "North Coast," attracting nearly a million visitors annually. Just a short ferry ride from Cedar Point, the world's largest roller-coaster amusement park, the island offers a vibrant atmosphere and entertainment options. Hosting performances from major artists like Brad Paisley and Toby Keith, the island is often likened to a smaller version of Las Vegas, making it a desirable destination for tourists seeking leisure and relaxation. Spanning five lots totaling around 27,500 square feet, the property features seven rental units and two staff accommodations in multiple buildings. These historic homes are fully furnished and offer flexibility