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:4069)
Address
2885-2889 HOWARD AVENUE
List Price
$9,900,000
Property Type
Industrial
Type of Dwelling
Industrial
Transaction Type
Sale
Area
Ontario
Sub-Area
Windsor
Lot Size
297.48 X IRREG / 3.85 AC Sq. Ft.
MLS® Number
26004579
Listing Brokerage
REMO VALENTE REAL ESTATE (1990) LIMITED
Postal Code
N8X3Y4
Zoning
CD3.3MD2.2
Features
Corner Site, Visual exposure
