Additional content Features: parking lot More Photos

×

    For Sale - 421 Grand Avenue, Chatham-Kent, Ontario

    Est payment $4,225/mo
    Get pre-qualified
    Views   2
    Time on Jump  78 day

    AI Summary *

    • Well-established motel with a history of serving travelers and guests.
    • Includes 14 motel rooms and a spacious four-bedroom residence.
    • Potential for additional rentable suites with municipal approval.
    • Recent updates to windows, roof, and fire alarm enhance safety.
    • Located in a growing area with access to local amenities and highways.




    Incredible opportunity for an investor looking for a well-established property with plenty of upside. The flamingo motel has a long history of providing travellers, workers and longer-term guests with an affordable and welcoming place to stay in chatham. The property currently operates with 14 motel rooms, along with a spacious attached residence featuring four bedrooms, three full bathrooms, a kitchen and a living room. The residence offers flexibility for an owner-operator, on-site manager or staff accommodations. Subject to municipal approval, a buyer may also wish to explore options for creating additional rentable suites or reconfiguring portions of the property to increase its income potential. The building has benefited from several important updates, including most windows, a newer roof, an updated fire alarm system and renovations to three of the motel units. The existing layout provides a solid foundation for a new owner to continue operating the business while updating additional rooms over time. Located in chatham, the property is well positioned to serve guests travelling through southwestern ontario, as well as contractors, seasonal workers, families and visitors requiring short- or longer-term accommodations. Chatham is a growing regional centre with convenient access to highway 401, shopping, restaurants, healthcare, recreation and a diverse local economy supported by agriculture, manufacturing and service industries. Whether you are looking for an owner-operated business, an income-producing property or a value-add investment, the flamingo motel offers a rare combination of existing operations, on-site living accommodations and future potential. Property and business are being sold together. Buyers are responsible for completing their own due diligence regarding zoning, licensing, permitted uses and any future renovations or additional units.
    Listing IDX13646154
    Address421 Grand Avenue
    CityChatham-Kent, Ontario
    Price$879,900
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentCommunity Features Public Transit, Recreation/Community CentreHeating / Cooling RadiantSewer Sanitary

    ASAP

    Sat

    24

    Oct

    Sun

    25

    Oct

    Mon

    26

    Oct

    Tue

    27

    Oct

    Wed

    28

    Oct

    Thu

    29

    Oct

    Fri

    30

    Oct

    Sat

    31

    Oct

    Sun

    1

    Nov

    Mon

    2

    Nov

    Tue

    3

    Nov

    Wed

    4

    Nov

    Thu

    5

    Nov

    Fri

    6

    Nov

    Sat

    7

    Nov

    Sun

    8

    Nov

    Mon

    9

    Nov

    Tue

    10

    Nov

    Wed

    11

    Nov

    Thu

    12

    Nov

    Fri

    13

    Nov

    Sat

    14

    Nov

    Sun

    15

    Nov

    Mon

    16

    Nov

    Tue

    17

    Nov

    Wed

    18

    Nov

    Thu

    19

    Nov

    Fri

    20

    Nov

    Sat

    21

    Nov

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Brokerage: THE REALTY FIRM PRESTIGE BROKERAGE INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    7681 Grande River Line
    Chatham-Kent, Ontario.
    3 Beds | 3 Baths
    $988,000
    15198 St Ignatius Line
    Chatham-Kent, Ontario.
    3 Beds | 2 Baths
    $779,900
    136 King Street
    Chatham-Kent, Ontario.
    5 Beds | 2 Baths
    $825,000
    9104 Mc Dowell Line
    Chatham-Kent, Ontario.
    3 Beds | 1 Baths
    $799,000
    24947 Bear Line Road
    Chatham-Kent, Ontario.
    3 Beds | 3 Baths
    $849,900
    7504 Talbot Trail
    Chatham-Kent, Ontario.
    3 Beds | 2 Baths
    $799,900
    114 Tuscany Trail
    Chatham-Kent, Ontario.
    5 Beds | 3 Baths
    $749,000
    18725 Desmond Road
    Chatham-Kent, Ontario.
    4 Beds | 2 Baths
    $799,900
    Loading...
    421 Grand Avenue
    Chatham-Kent , Ontario
    $879,900
    Get more info