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Starlite Motel 1342 Hebron Rd 24 Room Hotel Heath, OH 43056 $1,954,288 CAD ($81,429 CAD/Room)
INVESTMENT HIGHLIGHTS
- Property Name: Starlite Hotel
- Use: Hotel operation or redevelopment
- Access: Minutes to Newark and ~36 miles to Columbus
- Acreage: 2.96 acres
- Visibility: Prominent frontage on Hebron Road
- Surroundings: Retail, restaurants, entertainment, and employment centers
EXECUTIVE SUMMARY
The Starlite Hotel, a rare opportunity to acquire nearly 3 acres along the high-traffic Hebron Road corridor in Heath, Ohio.
This property offers exceptional flexibility—continue operating as a hotel business or reposition the site for a new hospitality brand, mixed-use project, retail, multifamily or other redevelopment.
The sale of the Starlite Hotel includes a 2.96-acre parcel with existing hotel improvements. Buyers may operate the asset as a hotel or
reposition it for higher-yield uses such as a new hospitality brand, multi-family, or mixed-use redevelopment. The site’s frontage and
commercial zoning provide excellent flexibility.
This property offers exceptional flexibility—continue operating as a hotel business or reposition the site for a new hospitality brand, mixed-use project, retail, multifamily or other redevelopment.
The sale of the Starlite Hotel includes a 2.96-acre parcel with existing hotel improvements. Buyers may operate the asset as a hotel or
reposition it for higher-yield uses such as a new hospitality brand, multi-family, or mixed-use redevelopment. The site’s frontage and
commercial zoning provide excellent flexibility.
PROPERTY FACTS
| Price | $1,954,288 CAD | Lot Size | 2.74 AC |
| Price Per Room | $81,429 CAD | Building Size | 11,638 SF |
| Sale Type | Investment | No. Rooms | 24 |
| Sale Condition | Redevelopment Project | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1958 |
| Property Subtype | Hotel | Parking Ratio | 1.25/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Price | $1,954,288 CAD |
| Price Per Room | $81,429 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.74 AC |
| Building Size | 11,638 SF |
| No. Rooms | 24 |
| No. Stories | 1 |
| Year Built | 1958 |
| Parking Ratio | 1.25/1,000 SF |
| Corridor | Exterior |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 24 | $97.71 CAD | - |
PROPERTY TAXES
| Parcel Number | 030-088920-00.000 | Improvements Assessment | $155,650 CAD |
| Land Assessment | $168,135 CAD | Total Assessment | $323,785 CAD |
PROPERTY TAXES
Parcel Number
030-088920-00.000
Land Assessment
$168,135 CAD
Improvements Assessment
$155,650 CAD
Total Assessment
$323,785 CAD
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Starlite Motel | 1342 Hebron Rd
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