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1353 Wellington Avenue Essex, Ontario N8X 2C1

12000 sqft
Fully Air Conditioned Forced Air

$1,698,000

KING-SIZE OPPORTUNITY! Turn Key Accommodations 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 July 9th, 2024. Call Listing Agent to Make Appointments. Collateral Agreement in Effect. (id:50787)

Property Details

MLS® Number X8490422
Property Type Business
Amenities Near By Highway, Public Transit
Farm Type Other
Parking Space Total 70

Building

Cooling Type Fully Air Conditioned
Heating Fuel Electric
Heating Type Forced Air
Size Interior 12000 Sqft
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway, Public Transit
Size Depth 122 Ft
Size Frontage 132 Ft
Size Irregular 132.51 X 122.75 Ft
Size Total Text 132.51 X 122.75 Ft
Zoning Description Md2.13

https://www.realtor.ca/real-estate/27108043/1353-wellington-avenue-essex

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