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Renanza Realty
For sale

2885-2889 HOWARD AVENUE

Windsor, Ontario

MLS® 26004579

$9,900,000

Status
Active
Property type
Industrial
MLS® number
26004579
Bedrooms
Bathrooms
Year built

Listing description

Exceptional opportunity to acquire the 87-room Ivy Rose Motel and the iconic Hi-Ho Diner in one of Windsor’s most trafficked areas. Motel features all new furniture in every room and offers a strong mix of long-term multi-room suites and short-stay accommodations, generating consistent high turnover. The Hi-Ho Diner, established in 1937 and famous for its “Grumpy Burger,” was a 1950s–60s hotspot and revived in 2017 with original recipes.

Restaurant also enjoys high customer turnover and recent upgrades including new roof, new 10-ton A/C unit, and fully renovated kitchen. Turnkey hospitality and restaurant investment with strong brand recognition and income potential.

Property summary

MLS® number
26004579
Property type
Industrial
Title
Freehold
Land size
297.48 X IRREG / 3.85 AC
Days on market
180 days

Features & details

Heating
Forced air, Natural gas, Furnace
Cooling
Central air conditioning, Air Conditioned
Flooring
Ceramic/Porcelain, Cushion/Lino/Vinyl
Lot features
Corner Site, Visual exposure

What would this home cost you?

Based on the $9,900,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$46,063 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of REMO VALENTE REAL ESTATE (1990) LIMITED, WINDSOR.

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.