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$3,699,786
Available - For Sale
Listing ID: X12267701
Great opportunity to own and operate your own business with living on-site! This well-maintained motel offers a steady income stream, with 2 separate buildings with 37 guest rooms new motel/le grande kent motel was completed in 2022 with 14 rooms. and a private attached residence for comfortable, convenient living on 1.18 acre Land. Ideal for families or owner-operators looking for a work-life balance. Located in a high-traffic area with excellent visibility and repeat clientele. A turnkey investment with potential to grow.
Price $3,699,786
Taxes: $28,549.21
Tax Type: Annual
Occupancy by: Owner
Address: 420 Grand Aven East , Chatham-Kent, N7L 1X2, Chatham-Kent
Postal Code: N7L 1X2
Province/State: Chatham-Kent
Legal Description: Plan 474 Lt 15-18 Pt 23 Chatham Kent
Directions/Cross Streets: Woodland Ave
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Category: With Property
Use: Hotel/Motel/Inn
Building Percentage: T
Total Area: 1.18
Total Area Code:  Acres
Office/Appartment Area: 5
Office/Appartment Area Code: %
Office/Appartment Area Code: %
Retail Area Code: %
Approximatly Age: 31-50
Business/Building Name: Kent Motel
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 12
Employees #: 0
Seats: 37
Maintenance: 0
Sprinklers: No
Outside Storage: F
Rail: N
Heat Type: Baseboard
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
IPRO REALTY LTD.

420 Grand Aven East , Chatham-Kent, N7L 1X2, Chatham-Kent


 
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At a Glance:
Type: Com - Sale Of Business
Area: Chatham-Kent
Municipality: Chatham-Kent
Neighbourhood: Chatham
Style:
Lot Size: x 203.00(Feet)
Approximate Age: 31-50
Tax: $28,549.21
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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