Hotel Millersburg is one of Ohio's oldest continuously operating hotels, established in 1847 in the heart of Millersburg's National Historic District in Ohio's Amish Country. This turnkey property features 36 guest rooms, a two-story on-site owner and manager suite, a full restaurant and tavern with commercial kitchen and liquor license, and a thriving craft retreat business generating over $270,000 in annual retreat revenue. Current manager and staff plan to stay on.
Total annual revenue is approximately $1,166,000 with $354,000 in forward bookings already secured. Three commercial tenants generate an additional $30,000 in rental income. Nearly $500,000 in capital improvements have been completed in recent years including a full roof replacement, HVAC systems, water heaters, window inserts, and full exterior masonry and painting. An estimated $100,000 or more in original historical artwork and artifacts is included in the sale.
Holmes County attracts over 4 million visitors annually. The property is steps from the Holmes County Courthouse, local shops, wineries, the Victorian House Museum, and the Holmes County Trail. Major cities within easy driving distance include Canton, Akron, Columbus, and Cleveland.
Offered at $1,875,000.
