1701 London Line Sarnia, Ontario N7W 1B1

$1,689,000

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! (id:50033)

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https://www.realtor.ca/real-estate/30439921/1701-london-line-sarnia-sarnia