2885-2889 HOWARD Avenue, Windsor, Ontario N8X3Y4

Listing courtesy of REMO VALENTE REAL ESTATE (1990) LIMITED.

$9,900,000

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List Price
$9,900,000
MLS®
26004579
Days on Market
194
Status
ACTIVE
Type
Commercial
Subtype
Industrial
Lot Size Dimensions
297.48 X IRREG / 3.85 AC

Property Description

Exceptional opportunity to acquire the 87-room Ivy Rose Motel and the iconic Hi-Ho Diner in one of Windsor’s most trafficked areas. Motel features all new furniture in every room and offers a strong mix of long-term multi-room suites and short-stay accommodations, generating consistent high turnover. The Hi-Ho Diner, established in 1937 and famous for its “Grumpy Burger,” was a 1950s–60s hotspot and revived in 2017 with original recipes. Restaurant also enjoys high customer turnover and recent upgrades including new roof, new 10-ton A/C unit, and fully renovated kitchen. Turnkey hospitality and restaurant investment with strong brand recognition and income potential. (id:5764)

Additional Information

Ownership
Freehold
Cooling
Central air conditioning, Air Conditioned
Country
Canada
Flooring
Ceramic/Porcelain, Cushion/Lino/Vinyl
Heating
Forced air, Natural gas, Furnace
Lot Features
Corner Site, Visual exposure

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Calculator source: Real Geeks