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$ 1,698,000
Est. payment /mo
Active
1353 Wellington AVE Essex, ON N8X 2C1
12,000 SqFt
UPDATED:
02/14/2025 10:58 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $141
MLS Listing ID X8490422
Annual Tax Amount $12,649
Tax Year 2024
Property Sub-Type Investment
Property Description
>>> OPPORTUNITY KNOCKS! > 4 km / 7 Min to Windsor Casino >> 3.5Km / 6 Min to University of Windsor >> 10 Km / 10 Min to Windsor International Airport! 4500 sf Restaurant Can Be Run as a Complimentary Restaurant or Bistro. RENT Out Restaurant as an Extra Profit Centre - OR- Reconfigure into 5 More Rental Suites and Retain a Guest Cafeteria / Cantina! New Interiors, Washrooms and Hallways, 2 New HVAC Roof Top Units, 18 New Split HAVC Units, Beds, Microwaves and Much More! MASSIVE OVERSIZED PARKING Approx. 75 +/- spots. Potential Expansion / Possible Severance, or Rental Profit Centre with Shuttle Service. Wow! Superbly Maintained Brand New Renovation! Efficient Layout and Significant Potential. Being Offered Well Below Replacement Cost AN EXCEPTIONAL Investment Opportunity Centrally Located in a Rapid Growth Area. Truly a RARE Offering! Offer Submissions Are Welcome. EZ- Access Showings - Call Listing Agent to Make Appointments. Collateral Agreement in Effect. **EXTRAS** Can Be operated as a Stabilized Long Term Multi-Suite Rental -OR- Run as Short Term Accommodation/Hotel for Higher Revenue Stream! -OR- Senior's Home Accommodation!
Location
State ON
County Essex
Area Essex
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 132.51
Lot Depth 122.75
Listed by STERLING REALTY INC.