chippewa lake land · 95± acres chippewa lake ......y 1937, when parker each purchased the hippewa...

FOR SALE

CHIPPEWA LAKE LAND · 95± ACRESCHIPPEWA LAKE LAND · 95± ACRES

CHIPPEWA LAKE, OHICHIPPEWA LAKE, OHIO O · · LAFAYETTE LAFAYETTE andand WESTFIELD TOWNSHIPS WESTFIELD TOWNSHIPS

HIGH PROFILE LAKE HIGH PROFILE LAKE FRONT OPPORTUNITYFRONT OPPORTUNITY

For additional information, contact:For additional information, contact:

Troy Gerspacher, Michelle Masica or Steve MasicaTroy Gerspacher, Michelle Masica or Steve Masica

[email protected]@GerpacherGroup.com

[email protected]@GerspacherGroup.com

[email protected]@GerspacherGroup.com

330.722.5002330.722.5002

PROPERTY HIGHLIGHTSPROPERTY HIGHLIGHTS

+/+/--95 acres95 acres

$3,750,000 ($39,433/acre)$3,750,000 ($39,433/acre)

Largest inland lake front site in North-Largest inland lake front site in North-

east Ohioeast Ohio

Zoned CRO Zoned CRO --Chippewa Resort Overlay in Chippewa Resort Overlay in

Lafayette Township and SLafayette Township and S--R Suburban R Suburban

Residential in Westfield TownshipResidential in Westfield Township

Lafayette Township land is in a CRA tax Lafayette Township land is in a CRA tax

abatement areaabatement area

±1500’ of lake frontage with rights±1500’ of lake frontage with rights

permitting: permitting:

Up to 75 power or floating Up to 75 power or floating

boatsboats

Up to 35 sail boatsUp to 35 sail boats

Up to 25 additional boats that must Up to 25 additional boats that must

be removed dailybe removed daily

3 boat ramps and 10 cluster 3 boat ramps and 10 cluster

docksdocks

Sewer and water at siteSewer and water at site

2.8 miles to I2.8 miles to I--76/I76/I--71 interchange71 interchange

7.2 miles to downtown Medina7.2 miles to downtown Medina

FOR SALE


CHIPPEWA LAKE, OHICHIPPEWA LAKE, OHIO O · LAFAYETTE · LAFAYETTE andand WESTFIELD TOWNSHIPS WESTFIELD TOWNSHIPS


The information contained herein is from sources deemed reliable but no warranty or representation is made to the accuracy thereof.

FOR SALE




EXECUTIVE SUMMARY

CBE, Inc. is offering 95± acres that include the original amusement park land with lakeshore frontage, plus 40 adjacent acres of undeveloped

farm land. The property is bordered by Lake Road to the east, Longacre Lane to the north, Chippewa Lake to the west, and Beau Bay Boule-

vard and Lorrie Lane to the south. The Medina County Park District owns and manages the lake which has public access. The sa le acreage

includes private lake rights, permitting use for swimming, boating, and fishing, as well as the rights to construct docks and boat ramps for a

total of 100 power and sail boats.

The property is located in Lafayette and Westfield Townships in southern Medina County and Northeast Ohio. It is accessible from Inter-

states 71 and 76, at the Lodi, Ohio exit, on Lake Road. This property is approximately 35 minutes from downtown Cleveland, and less than

20 minutes from downtown Akron. This property, with its rich history, is prime for redevelopment, and provides an opportunity like none

other in Northern Ohio.

HISTORY OF CHIPPEWA LAKE

The 350 acres known as Chippewa Lake was formed by a glacier and is spring fed, and is the largest natural lake in the State of Ohio. Be-

cause of it’s purity, the lake’s ice was harvested in the 1800’s by many ice houses and transported to cities in Ohio and Pennsylvania.

As early as the mid 1800’s, Chippewa Lake was known for its fishing, boat rides, and beautiful picnic areas, the precursors to amusement

parks. The land was developed into a popular vacation resort that included a boardwalk, a hotel, a bathhouse, and a dance hall. Trains ran

to the park day and night, and over the Fourth of July weekend in 1892, a crowd of over 20,000 was recorded.

By 1937, when Parker Beach purchased the Chippewa Lake Park, the number of amusement parks in the United States had gone from 1,500

in 1919 to only 500. Beach reinvigorated the park after the Great Depression, and it became famous for its midway rides, pri stine beach,

picnic pavilion, miniature golf course, restaurant, and grand ballroom. The 1940’s brought in the big band era and they all found their way

to Chippewa Lake Park. Benny Goodman, Lawrence Welk, Glenn Miller, and Guy Lombardo all made appearances. The lake, amusement

park and adjacent farm were purchased by CBE, Inc. in 1969. The amusement park continued operation until 1978. The lake was sold to the

Medina County Park District in 2007.

FOR SALE




FOR SALE


CHIPPEWA LAKE, OHICHIPPEWA LAKE, OHIO O · LAFAYETTE · LAFAYETTE and and WESTFIELD TOWNSHIPS WESTFIELD TOWNSHIPS


TOPOGRAPHY MAPTOPOGRAPHY MAP

FOR SALE




SEWER LINE LOCATIONSSEWER LINE LOCATIONS

FOR SALE




WATER LINE LOCATIONSWATER LINE LOCATIONS

FOR SALE




Source: U.S. Census Bureau

CENSUS DATACENSUS DATA

10, 20, & 30 MILES10, 20, & 30 MILES

FOR SALE




CENSUS DATACENSUS DATA

10, 20, & 30 MILES10, 20, & 30 MILES

Source: U.S. Census Bureau

chippewa lake land · 95± acres chippewa lake ......y 1937, when parker each purchased the hippewa...

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