Introducing an independently owned and operated 31-unit motel with a storied history of exceptional service, nestled on a spacious 1.02-acre lot. Strategically positioned along Hwy 40, this well-established property boasts a prime location for travelers and visitors alike.With a legacy of catering to a loyal base of repeat clientele, this motel has maintained a strong reputation for quality and comfort. The current owner has diligently renovated the property, ensuring it remains its upkeep and inviting for guests.In addition to its accommodations, the property includes a comfortable owner's living quarters, adding a desirable residential element to the overall offering.Ideal for investors seeking a turnkey hospitality opportunity or individuals looking to own and operate their own motel with potential for continued success. **** EXTRAS **** Financials & Seller Property Information Statement to be provided upon signing NDA. (id:4069)
Address |
521 GRAND AVENUE E |
List Price |
$4,600,000 |
Property Type |
Business |
Area |
Ontario |
Sub-Area |
Chatham Kent |
Floor Area |
44,659 Sq. Ft. |
Lot Size |
99 x 622 FT ; 12.19 ft x 622.52 ft x 99.83 ft x 177.64 Sq. Ft. |
MLS® Number |
X8215302 |
Listing Brokerage |
OUR NEIGHBOURHOOD REALTY INC.
|
Postal Code |
N7L3Z2 |
Features |
Irregular lot size |