1701 London Line Sarnia, Ontario N7W 1B1

$2,499,900

Profitable, well-established motel with owner's residence located on approximately 1.82 acres along Sarnia's high-traffic Golden Mile. Minutes to Hwy 402 and the Bluewater Bridge to Port Huron, USA. Offering 27 guest rooms, 51 rental beds total, with a mix of 1, 2 & 3-bed layouts, including several oversized rooms and 5 rooms with kitchenettes. Strong current occupancy with long-term stays providing consistent income. Some rooms have been updated, with a couple currently in progress, offering additional upside. Front owner/operator living quarters features 2 bedrooms, 2 full baths, including ensuite with steam sauna, full kitchen, living room, in-suite laundry, gas furnace with central air, and updated electrical. Ample parking for 40+ vehicles, including transport trucks. All furnishings, appliances, and security equipment included. Walking/biking paths nearby to restaurants, Lambton Mall, public transit, and amenities. Excellent opportunity for owner-operators or investors seeking a cash-flowing hospitality property in a prime commercial corridor with future development potential. (id:61499)

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https://www.realtor.ca/real-estate/29376567/1701-london-line-sarnia-sarnia