Property Overview
The Cobblestone Inn & Suites is an independent, 54-room hotel located in Orrville, Ohio, within Wayne County in Northeast Ohio. The property is positioned in a stable and steadily growing regional market supported by a strong concentration of manufacturing, food production, logistics, healthcare, and institutional demand generators.
The hotel benefits from a resilient employment base anchored by major corporate and industrial users in the immediate area, including The J.M. Smucker Company global headquarters in Orrville, Buehler’s Fresh Foods corporate and distribution operations in nearby Wooster, and a broader base of manufacturing and food processing employers throughout Wayne County. Additional regional demand is supported by healthcare systems such as Aultman Health System and Cleveland Clinic-affiliated facilities within the broader Northeast Ohio region, along with ongoing industrial and logistics activity throughout the I-76 and I-71 corridors.
Leisure and non-corporate demand is driven by the nearby Amish Country tourism corridor in Holmes County, the College of Wooster, and regional recreational and cultural attractions across Wayne and surrounding counties. The market also benefits from steady visitation tied to collegiate events, family travel, and regional festivals and community programming throughout the year.
The property is well positioned within the broader Northeast Ohio lodging market, offering convenient access to surrounding economic centers including Wooster, Akron, Canton, Cleveland, and Columbus. This supports a balanced demand profile driven by weekday corporate and industrial travel and weekend leisure activity, with additional upside from continued regional investment and manufacturing growth.
The property presents a compelling opportunity for a new owner to capitalize on stabilized operations while enhancing performance through revenue management initiatives, improved market penetration, and strategic optimization of both corporate and leisure demand segments.
All inquiries and tour requests should be directed to Ted Holmes. Do not contact the property directly.
In Association with ParaSell, Inc. | A Licensed Ohio Broker #CREC.2020005946
Property Highlights
| Asking Price | $4,400,000 |
| Location | Ohio State Route 57 |
| Property Description | Limited Service |
| Number of Rooms | 54 |
| Major Source of Business | Corporate, Traveler, Transient, Healthcare, University & Retail |
| Site Size | +/- 2.62 |
| Year Built |
2017 |
| Common Area Amenities | Breakfast area, business center, fitness room, meeting room, beer & wine bar, guest laundry & indoor pool |