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$879,900
X13646154 MLS® #
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. (id:5764)

421 Grand Avenue East, Chatham-Kent (Chatham)

Listing courtesy of THE REALTY FIRM PRESTIGE BROKERAGE INC..

$199,000
40843467 MLS® #
DAISY MART Convenience in CHATHAM is For Sale. Located at the busy intersection of Grand Ave E/Michener Rd. Very Busy, High Traffic Area and Popular Neighborhood Convenience Store. Surrounded by Fully Residential Neighbourhood, Schools, Highway and more. Excellent Business with Good Sales, Long Lease, and more. There is opportunity to grow sales even more. Potential to add a VAPE Store. This location has convenience store running for more than 25+ years. Monthly Sales: Approx. $40,000 - $42,000, Other Sales Portion: 70%, Tobacco Sales Portion: 30%, Lotto Commission: $34000/yearly, ATM: $275/m, Bitcoin: $300/m, Rent: $4438.08/m including TMI & HST, Lease Term: Existing 2 + 5 + 5 + 5 Years Option to Renew. (id:5764)

455 GRAND Avenue East, Chatham-Kent

Listing courtesy of HOMELIFE MIRACLE REALTY LTD.

$199,000
X13498042 MLS® #
DAISY MART Convenience in CHATHAM is For Sale. Located at the busy intersection of Grand Ave E/Michener Rd. Very Busy, High Traffic Area and Popular Neighborhood Convenience Store. Surrounded by Fully Residential Neighbourhood, Schools, Highway and more. Excellent Business with Good Sales, Long Lease, and more. There is opportunity to grow sales even more. Potential to add a VAPE Store. This location has convenience store running for more than 25+ years. Monthly Sales: Approx. $40,000 - $42,000, Other Sales Portion: 70%, Tobacco Sales Portion: 30%, Lotto Commission: $34000/yearly, ATM: $275/m, Bitcoin: $300/m, Rent: $4438.08/m including TMI & HST, Lease Term: Existing 2 + 5 + 5 + 5 Years Option to Renew. (id:5764)

455 Grand Avenue East, Chatham-Kent (Chatham)

Listing courtesy of HOMELIFE/MIRACLE REALTY LTD.