5
See all 5 photos
$350,000
Est. payment /mo
11.11 Acres Lot
Pending
11080 Concord Hambden RD Painesville, OH 44077
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
03/12/2025 11:06 AM
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 5101554
HOA Y/N No
Year Built 1965
Annual Tax Amount $35,584
Tax Year 2024
Lot Size 11.108 Acres
Acres 11.108
Property Sub-Type Hotel/Motel
Property Description
For Sale by Court Appointed Receiver, Value-Add Hotel Resort Investment Opportunity. Online bidding only, sale ends March 11 @ 2pm. Court Appointed Receiver is pleased to present the opportunity to acquire the Quail Hollow Resort, a landmark hotel just south of Painesville OH. Located at 11080 Concord Hambden Rd., this three-story, full service hotel is immediately off I-90 and only 25 minutes from downtown Cleveland. The 168,918 SF hotel features 176 guest rooms, a restaurant, multiple bars, sauna, indoor and outdoor pool, fitness room, and ample meeting/banquet space. Situated on 11.108 acres, the hotel adjoins the Quail Hollow Country Club, a premier private club featuring two 18 hole courses, on over 700 wooded acres. The location provides easy access to many local amenities including the Cleveland Browns, Cavs, and Guardians, the Rock and Roll Hall of Fame, local wineries, Lake Erie recreational activities and much more. The hotel most recently was flagged by Wydnham's Trademark Collection but has been closed since the onset of COVID - 19. The property is being offered with a reserve price that is drastically below replacement cost and provides the new owner the opportunity to rebrand/reflag or redevelop. Property will be sold free and clear of all liens, with property taxes prorated and paid off to the day of closing.
Location
State OH
County Lake
Interior
Heating Other
Fireplace No
Exterior
Water Access Desc Public
Total Parking Spaces 250
Building
Sewer Public Sewer
Water Public
Schools
School District Painesville City Lsd - 4305
Others
Tax ID 08-A-018-A-00-103-0
Special Listing Condition Third Party Approval
Listed by Jeffrey S Lane • Prodigy Properties • 513-841-7000 prodigy@prodigyprop.com