2885-2889 HOWARD AVENUE
Windsor, Ontario N8X3Y4
$9,900,000
MLS® 26004579
About this property
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:48662)
Property details
- Property type
- Industrial
- Ownership
- Freehold
- Lot size
- 297.48 X IRREG / 3.85 AC
- MLS® number
- 26004579
Features
- Cooling
- Central air conditioning, Air Conditioned
- Heating
- Forced air, Natural gas, Furnace
- Flooring
- Ceramic/Porcelain, Cushion/Lino/Vinyl
- Lot
- Corner Site, Visual exposure
- Security
- Alarm system, Smoke Detectors
Location
Estimate your payment
Monthly payment
$42,915

