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Former Double Tree Hotel 3663 Park East Dr 404 Room Hotel Beachwood, OH 44122 For Sale
Executive Summary
9.98 acres located in Beachwood, one of Northeast Ohio’s most established and affluent commercial corridors. The property represents the largest fully entitled redevelopment site within the immediate trade area. The site supports a range of transaction and development strategies, including outright sale, ground lease, build-to-suit, or joint venture. Phased development is feasible, with the ability to deliver or monetize individual pads over time. Key predevelopment items have been completed, including zoning approvals, Phase I environmental review, ALTA survey, and demolition planning, reducing execution risk for future development. Zoned U-4C, allowing for a broad mix of uses such
as multifamily, office, retail, hospitality, medical, and complementary commercial concepts.
as multifamily, office, retail, hospitality, medical, and complementary commercial concepts.
Property Facts
| Sale Type | Investment | No. Rooms | 404 |
| Property Type | Hospitality | No. Stories | 7 |
| Property Subtype | Hotel | Year Built | 1977 |
| Building Class | B | Parking Ratio | 2.9/1,000 SF |
| Lot Size | 10.00 AC | Corridor | Interior |
| Building Size | 244,207 SF | ||
| Zoning | U-9 | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 10.00 AC |
| Building Size | 244,207 SF |
| No. Rooms | 404 |
| No. Stories | 7 |
| Year Built | 1977 |
| Parking Ratio | 2.9/1,000 SF |
| Corridor | Interior |
| Zoning | U-9 |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- On-Site Retail
- On-Site Bar
- Meeting Event Space
- Digital key
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 8 | $250.64 CAD | - |
| Guest Room | 396 | $219.31 CAD | - |
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Property Taxes
| Parcel Number | 742-29-017 | Improvements Assessment | $2,819,820 CAD |
| Land Assessment | $3,138,420 CAD | Total Assessment | $5,958,240 CAD |
Property Taxes
Parcel Number
742-29-017
Land Assessment
$3,138,420 CAD
Improvements Assessment
$2,819,820 CAD
Total Assessment
$5,958,240 CAD
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Videos
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Photos
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Former Double Tree Hotel | 3663 Park East Dr
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