5196 Lake Drive N, Geneva On The Lake, OH 44041

Property Description

Geneva On The Lake “Anchor Motel & Cottages” & “Triangle Lounge”, 52+ Units, 2.44 Acres, Restaurant/Bar, 2 Homes. Zoned RD Resort District. Public Utilities. Court-Ordered Auction. Live Onsite with Online Bidding Available. All sells on location. ONLINE BIDDING BEGINS WEDNESDAY, SEPTEMBER 23, 2026, AT 9:00 AM, AND LIVE ON-SITE BIDDING WILL BEGIN THURSDAY, SEPTEMBER 24, 2026, AT 3:00 PM. Don’t miss this unique opportunity to purchase one of the largest and most diverse properties in the Village! Situated on 2.4461 acres and encompassing 23 Ashtabula County parcels, this one-of-a-kind property offers a tremendous opportunity for an investor, entrepreneur, hospitality operator, or developer. All parcels sell together as one unit. Located at the corner is the 1,500+ square-foot Triangle Lounge Bar & Restaurant, featuring indoor dining and bar space, outside seating, and a rear outdoor patio. The balance of the property includes: 40 single-bedroom motel units, 12 two-bedroom cottages, Two-bedroom mobile home, Three-bedroom bungalow home, Four-bedroom bungalow home, Several garages and outbuildings, All public utilities. With multiple buildings, residential units, hospitality space, and additional outbuildings all situated on one property, this is a rare opportunity with tremendous potential. Parcel #'s 210410012600, 210410012700, 210410012800, 210410012900, 210410014300, 210410014400, 210410011900, 210410012000, 210410012100, 210410012200, 210410012300, 210410012400, 210410012500, 210410014500, 210410014600, 210410014700, 210410014800, 210410014900, 210410015000, 210410015100, 210410015200, 218880003066, 210410011700. Auctioneer's Note: Property may be viewed by appointment only before auction day. Please do not enter the property without permission. All buildings will be open for inspection on auction day beginning at 1:30 PM. The bar and buildings have been vacant since October 2025. Property is being sold AS-IS, WHERE-IS, with no warranties or guarantees.