1353 Wellington Ave, Essex MLS Number: X8490422
Essex, ON, N8X 2C1$1,698,000
Status: For Sale
- Property Type: Commercial (Investment)
- Property Taxes : $12649.73 (Tax Year:2024)
- Listing Courtesy : Sterling Realty Inc.
Maximum 4 project can be compared at one go.
$1,698,000
Status: For Sale
>>> OPPORTUNITY KNOCKS! <<< Turn Key Multi -Suite Accommodation - Showcasing 18 BRAND NEW RENOVATED Modern Guest Suites! Property has undergone a 3-year long FULL and Extensive Renovation and Mechanical Refurbishment Now Complete! Various Suites Can Accommodate Double Occupancy. Certified and Licensed for 21 Migrant Workers! Ideal Hotel Accommodations / Migrant Worker / Student Housing / Senior Suites. Hotel Ownership Opportunity in a Booming Growth Area. Located in an Established Neighborhood, Steps to Commercial Hub and Close Proximity to Key Routes: >> 4 km / 7 Min to Windsor Casino >> 3.5Km / 6 Min to University of Windsor >> 10 Km / 10 Min to Windsor International Airport! 4500 sf Restaurant Can Be Run as a Complimentary Restaurant or Bistro. RENT Out Restaurant as an Extra Profit Centre - OR- Reconfigure into 5 More Rental Suites and Retain a Guest Cafeteria / Cantina! New Interiors, Washrooms and Hallways, 2 New HVAC Roof Top Units, 18 New Split HAVC Units, Beds, Microwaves and Much More! MASSIVE OVERSIZED PARKING Approx. 75 +/- spots. Potential Expansion / Possible Severance, or Rental Profit Centre with Shuttle Service. Wow! Superbly Maintained Brand New Renovation! Efficient Layout and Significant Potential. Being Offered Well Below Replacement Cost AN EXCEPTIONAL Investment Opportunity Centrally Located in a Rapid Growth Area. Truly a RARE Offering! Offer Submissions Are Welcome. EZ- Access Showings - Call Listing Agent to Make Appointments. Collateral Agreement in Effect.
Property Type | :Commercial |
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MLS Number | :X8490422 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :11 Sep, 2024 (73 Days ago) |
Source | :TRREB |
Area | :Essex |
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Postal Code | : N8X 2C1 |
Price | : $1,698,000 |
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Property Taxes | :$12649.73 |
Tax Year | :2024 |
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Cross Street | :Tecumseh & Wellington |
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Fireplace/Stove | :No |
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29 Jun, 2024
TREB #X8490422
Available
$1698000.0