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Commercial Real Estate for Sale at 5214 Old Lake Road in Geneva, OH for $1,999,900

Listing data last changed 06/08/2026 - 3:38pm
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5214 Old Lake Road | Geneva

$1,999,900 | 0.0 Sq. Ft.

5214 Old Lake Road, Geneva-on-the-Lake, Ohio 44041 an exceptional investment opportunity in one of Northeast Ohio\u0027s most desirable vacation destinations. Situated on four parcels with stunning views of Lake Erie and panoramic views down the famous Geneva-on-the-Lake Strip, this unique property offers a rare combination of long-term rental income and short-term vacation rental potential. The property features 11 total rental units (2 Bed, 1 Bath per unit) spread across three buildings, including a three-story, six-unit condo-style building with Lake Erie views, six ranch-style units, and a charming freestanding cottage. Many of the units have been updated with premium finishes and modern improvements, making them highly attractive to both seasonal visitors and long-term tenants. Currently, four units operate as monthly rentals generating consistent income, while several others are utilized as short-term rentals through Airbnb, VRBO, and direct bookings, creating excellent upside potential for increased revenue. Seven of the twelve units are currently occupied on month-to-month agreements, providing flexibility for an investor\u0027s future plans. Guests and tenants enjoy convenient access from both Old Lake Road and Lake Road, along with a prime walkable location just steps from Lake Erie, Township Park, public beach access, and the entertainment district known as \u0022The Strip.\u0022 Restaurants, bars, shopping, live entertainment, wineries, and countless seasonal attractions are all within walking distance, making this a highly sought-after destination year after year. Whether you\u0027re looking to expand your investment portfolio, capitalize on the thriving vacation rental market, or develop a mixed-use income strategy, this Geneva-on-the-Lake property presents a rare opportunity in a location where demand continues to grow. Schedule your private showing today and explore the possibilities this income-producing property has to offer. MLSNow 5215436 Directions to property: East end of the strip, 2nd property in from the V, behind the deli/convenience store.

MLS Listing ID: 
MLSNow 5215436
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$1,999,900
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Geneva
Address: 
5214 Old Lake Road, Geneva, OH 44041
County: 
Ashtabula
Latitude: 
41.8611500
Longitude: 
-80.9432850
Directions: 
East end of the strip, 2nd property in from the V, behind the deli/convenience store.
Public Remarks: 
5214 Old Lake Road, Geneva-on-the-Lake, Ohio 44041 an exceptional investment opportunity in one of Northeast Ohio\u0027s most desirable vacation destinations. Situated on four parcels with stunning views of Lake Erie and panoramic views down the famous Geneva-on-the-Lake Strip, this unique property offers a rare combination of long-term rental income and short-term vacation rental potential. The property features 11 total rental units (2 Bed, 1 Bath per unit) spread across three buildings, including a three-story, six-unit condo-style building with Lake Erie views, six ranch-style units, and a charming freestanding cottage. Many of the units have been updated with premium finishes and modern improvements, making them highly attractive to both seasonal visitors and long-term tenants. Currently, four units operate as monthly rentals generating consistent income, while several others are utilized as short-term rentals through Airbnb, VRBO, and direct bookings, creating excellent upside potential for increased revenue. Seven of the twelve units are currently occupied on month-to-month agreements, providing flexibility for an investor\u0027s future plans. Guests and tenants enjoy convenient access from both Old Lake Road and Lake Road, along with a prime walkable location just steps from Lake Erie, Township Park, public beach access, and the entertainment district known as \u0022The Strip.\u0022 Restaurants, bars, shopping, live entertainment, wineries, and countless seasonal attractions are all within walking distance, making this a highly sought-after destination year after year. Whether you\u0027re looking to expand your investment portfolio, capitalize on the thriving vacation rental market, or develop a mixed-use income strategy, this Geneva-on-the-Lake property presents a rare opportunity in a location where demand continues to grow. Schedule your private showing today and explore the possibilities this income-producing property has to offer.
Community Information
School District: 
Geneva Area CSD - 404
Subdivision: 
Battell Tr
Building Details
Details about the building on a property.
Year Built: 
1998
Living Area: 
0.0
Basement: 
Partial
Construction
Foundation Details: 
Slab
Roof: 
Metal
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: 
Forced Air,Gas
Cooling System: 
Central Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.64
Lot Size (Area): 
0.64
Lot Features
Parking Type: 
Driveway,Parking Lot
Total Parking Spaces: 
15
Public Record
Parcel Number: 
210300004500
Annual Tax: 
$8,613.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Brokers Realty Group

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