AUCTION: Quality Inn & EconoLodge | 202 Rooms | 14.58 AC | Erie PA

Description:

ONLINE AUCTION. Bidding is open now and closes Thursday, October 22, 2026 at 4:00 PM ET. Starting bid $2,000,000.

Two branded hotels and an on-site restaurant, bar and banquet hall, sold together as one asset on a single 14.58-acre parcel at the I-90 / Route 97 interchange, directly across from Presque Isle Downs & Casino. A 110-room Quality Inn & Suites (renovated 2023) and a 92-room EconoLodge (renovations completed 2022 to 2023), 202 rooms in total, with excess land for future development.

Terms: 5% buyer's premium. 10% non-refundable earnest money within 24 hours. No financing or inspection contingency. Closing on or before December 6, 2026. Sold as-is, subject to the published terms.

Financials and STR reports are available to qualified buyers under a confidentiality agreement. Please do not visit the hotels or contact staff or ownership.

Register and view the terms


At the I-90 / Route 97 interchange in Erie, PA, directly across from Presque Isle Downs & Casino. Minutes from Presque Isle State Park, and near Gannon and Mercyhurst universities.



202 rooms: 110-room Quality Inn & Suites and 92-room EconoLodge
Quality Inn renovated 2023; EconoLodge renovations completed 2022 to 2023
Restaurant, bar and banquet hall hosting events for up to 200
Outdoor pool, fitness room, meeting space and boardroom
Fee simple, one 14.58-acre parcel. Zoned C-Hotels / AR
Excess land for more units, extended-stay, a waterpark or self-storage