1701 LONDON LINE
Sarnia, Ontario
MLS® X14113218
$1,689,000
- Status
- Active
- Property type
- Business
- MLS® number
- X14113218
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 2Listing description
EXCEPTIONAL INVESTMENT OPPORTUNITY FOR OWNER OPERATORS! Well-established, cash-flowing Motel with an owner's residence, situated on approximately 1. 82 acres along Sarnia's highly desirable Golden Mile commercial corridor.
Prime location minutes from Highway 402 and the Bluewater Bridge to the USA, offering excellent visibility and accessibility. This income-generating property features 27 guest rooms including spacious one, two, and three-bed configurations and 5 kitchenette units. Established clientele, including extended-stay guests, provides consistent rental demand and recurring income.
Several rooms have been upgraded, with additional renovations in progress, offering excellent potential to increase revenue and profitability. A major bonus is the spacious owner's residence featuring 2 bedrooms, 2 full bathrooms, an ensuite with steam sauna, full kitchen, living area, laundry, central air conditioning, and updated electrical. Ample parking for 40+ vehicles, including transport trucks.
Furnishings, appliances, and security equipment included. An outstanding opportunity for investors and owner-operators to acquire an established hospitality business with real estate, an owner's residence, immediate income potential, and long-term growth opportunities!
Property summary
- MLS® number
- X14113218
- Property type
- Business
- Leasable Area
- 2 sq ft
- Land size
- 1.82 acres
- Annual property taxes
- $23,037.21
- Days on market
- 13 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $1,689,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of HOMELIFE/MIRACLE REALTY LTD, BRAMPTON.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.