Hotel Millerburg

Millersburg, Ohio

Asking Price: USD $1,875,000
Guest Rooms: 36    38
Owners Quarter: 2    1

Property Overview

Historic boutique hotel and retreat center established in 1847, located in the heart of Millersburg's National Historic District in Ohio's Amish Country. 36 guest rooms, two-story on-site owner and manager suite, full restaurant and tavern, and a thriving craft retreat business. Current manager and staff plan to stay on. Offered at $1,875,000.

Hotel Millersburg features 36 individually decorated guest rooms furnished with Victorian-era antiques, handcrafted quilts, and period-appropriate details. The property includes a two-story on-site owner and manager suite, full commercial kitchen with walk-in cooler, restaurant and tavern, outdoor patio with stage, and a state liquor license covering indoor and outdoor service. Three commercial tenants occupy the property generating $30,000 in additional annual rental income. Nearly $500,000 in capital improvements have been completed including a full roof replacement in 2018, complete HVAC replacements, new water heaters in 2020 and 2021, new window inserts in 2024, and full exterior masonry and painting in 2025. Building is 31,852 sq ft, established 1847, last renovated 2025.

About the Owner's Quarters

Two-story on-site owner and manager suite located within the main historic building, offering private living quarters ideal for an owner-operator or live-in manager. Current manager plans to stay on.

Features:
  • Is Historic Historic
  • Includes a Restaurant Restaurant
  • Has a Barn Romantic
  • Has a Wedding Venue Wedding Venue
Lifestyle:
  • Nearby Winery / Brewery Winery
  • Close to Fishing Fishing
  • Includes a Restaurant Golf
  • Near Horses Horse
  • Near Skiing Ski
Business Description:

The retreat business generates over $270,000 in annual revenue with 50 retreats already booked for 2026. Hotel income totals $507,000 annually. Total annual revenue is approximately $1,166,000 with $354,000 in forward bookings. The property operates under professional revenue management which has driven a 10 percent increase in average daily rate. Full staffing is in place including housekeeping, front desk, retreat management, maintenance, and a full food and beverage team.

Terms of Sale:

Offered at $1,875,000. Turnkey sale includes hotel operation, retreat center, three commercial tenant relationships, website, digital marketing presence, and an estimated $100,000 or more in original historical artwork and artifacts. Fee simple interest. Full staffing in place. Current manager and staff plan to stay on.

Valuation & Mortgage Calculator:
30 Years Fixed
n/a % Interest
  • Loan Amount
  • Principle and Interest
  • Cash Flow
  • DSCR $0
  • Cap Rate $0
  • ROI $0
Listed By
Kristen Asman (Listing Agent)
  6143709077
SVN

Sq Ft:

31,852

Acres:

0.14

Year Built:

1847

Last Renovated:

2025

Years in Business:

179
Share via Social
Financial Overview

Asking Price:

USD $1,875,000

Cap Rate:

0%

NOI:

USD $0

Annual Gross Revenue:

USD $1,166,000

Gross Revenue Multiplier:

0x

Revenue Per Room:

USD $0

Occupancy Rate:

0%

Average Daily Rate:

USD $0

Other Properties You May Like

14
The Oliver Inn inn for sale

The Oliver Inn

South Bend, Indiana

Asking Price: USD $1,650,000
Guest Rooms: 9    10
Owners Quarter: 2    1
43
Heritage House Lodging & Events inn for sale
Asking Price: USD $1,250,000
Guest Rooms: 5    6
Owners Quarter: 1    1
15
1905 Victorian-era Bed & Breakfast inn for sale
Asking Price: USD $850,000
Guest Rooms: 5    5
Sq Ft: 4,176