haho.ca
$3,799,000
For sale

76 McNaughton Avenue, Chatham-Kent (Wallaceburg) - Business for Sale

76 McNaughton Avenue, Chatham-Kent (Wallaceburg), Ontario, N8A1R9

19,450 ft²Listed 92 days ago
Overview

This business in Chatham-Kent is for sale offering roughly 19,450 sq ft of space. It has been on the market 92 days, fresher than the Chatham-Kent average of 232 days.

Description

Excellent Location! Family Operated Motel with 47 ROOM + 2 STORAGE ROOM + 2 BEDROOM Living Quarter in the heart of Wallaceburg. Well maintained & Fully Renovated including Metal Roof, Newer Vinyl Plank Waterproof Flooring & upgraded Furniture's in all motel Room. Each Motel Room equipped W/Fridge, Microwave, Coffeemaker, TV & Closet. Separate Laundry area for clothing accessories. 2 Story Motel Centrally Located in Safe & Nice Neighborhood in developing area, Motel W/Excellent customer base for Ensuring Steady Income. Amazing Location close to Chatham City known for Lake, Beaches, Fishing & Conservation Area, Short Drive away to Canada-US Border. Property comes with app. 1.0 Acre land, Lots of potential. (id:66096)

Property Details

MLS®
X13642340
Property Type
Business
Business Type
Accommodation
Zoning
GC4
Interior Size
19,450 ft²
Lot Size
105 × 396 ft (41,484 sq ft)
Frontage
105 ft
Heating
Other
Cooling
Fully air conditioned
Property Tax
$54,227/yr
Listed
92 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
92d
Chatham-Kent (Wallaceburg) listings, avg age
232d
Price / ft²
$195
List price
$3.80M

Long Listed: 92 days on market, against an average age of 232 days across the listings currently for sale in this city

Haho

This business in Chatham-Kent (Wallaceburg) has been listed for 92 days, which is 140 days fresher than the city average of 232. Act while there is still low competition.

Listed by CENTURY 21 PEOPLE'S CHOICE REALTY INC. · NILESH PATEL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N8A)

This home lists at $3,799,000, about 58.9× the local median household income of $64,500.

Carrying it typically needs a household income of about $742,078 (20% down, 25-yr amortization, stress-tested) — roughly 1051% above the area median.

Median household income
$64,500
Population
12,624
Median age
48
Owner / renter
71% / 29%
Avg. household size
2.3

Source: Statistics Canada, 2021 Census (FSA N8A)

$3,799,000· $195/ft²
For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

By requesting this showing you agree that haho.ca and the local agent who follows up may contact you about this and similar properties. Unsubscribe from any message.

Your details go only to the agent who follows up. No spam, unsubscribe anytime.

Financing

Buying this business?

Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.

Ask about acquisition financing →

No similar listings for sale right now.

$3,799,000

Chatham-Kent

Book a showing