ID#: 201776794 Status: For Sale

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1626 London Line, Sarnia Ontario

1626 London Line, Sarnia Ontario
a rare find for investment, at this price your time is running out. turn-key ready, just take over this lucrative business & start depositing money into your bank account on day 1. financing is pre-approved for a qualified buyer, very strong appraisal in place. 3 bedroom, 2 bathroom home with office area & full basement. 27 clean large units, several with kitchenettes. this property has one of the best reputations in sarnia & commands high rates during peek season. extremely loyal customer base of contractors & tourists who refuse to stay anywhere else. over 6 acres of land, fronting onto hwy 402 from london line. (possible partial land sale to province if hwy 402 expansion happens as planned). poised to take advantage of the 2018-2022 industrial boom in sarnia, starting with the announced 2 billion dollar expansion of nova chemicals. the bluewater motel has already a strong relationship with nova & hosts several of their contractors for multi-month stays at high rates.
Type: Commercial2017 Taxes: $26,426
Lot Dimensions: 125 FR. 6.237 ACRES
Type: Motel/HotelAge: 40
Heating: Electric, Hot Water, Natural Gas
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1626 London Line, Sarnia Ontario

RE/MAX sarnia realty inc., Brokerage*

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