1353 Wellington Avenue , Essex, ON N8X 2C1
Essex, ON N8X 2C1
Description
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.
Details
| MLS# | X8490422 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 225 |
| Listing Provided By | STERLING REALTY INC. | Not Provided |
Features
| SQ Feet | 12,000 |
|---|
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Learn More About This Property
| State | ON |
|---|---|
| County | Essex |
| City | Essex |
| Zip Code | N8X 2C1 |
| Listing VS Median (in N8X 2C1) | |
Price: $1,698,000 low | high Med: $1,698,000 SqFt: 12,000 low | high Med: 12,000 $ / SqFt: $142 low | high Med: $142 On Site: 225 low | high Med: 224.000000 | |