Historic 36-Room Hotel For Sale: A Unique Opportunity with Purpose\n\nStep into a piece of history and seize the opportunity to make a profound impact. This remarkable 36-room hotel, built in 1882, is now available for sale, offering a unique opportunity to blend historical charm with a mission of community service.\n\nMore Than a Property – A Legacy of Hope:\n\nThis isn't just a building; it's a chance to revitalize a landmark and provide essential support to those in need. The current owner has laid the groundwork for a development aimed at offering shelter and renewed hope to the homeless. With architectural plans and initial groundwork completed, this property is primed for transformation.\n\nKey Features & Potential:\n\nHistoric Significance: Built in 1882, this property boasts unique architectural character and historical value.\n36 Rooms: Ample space for various development possibilities.\nEssential Infrastructure: Equipped with electrical, heating, water, and fire alarm systems.\nDevelopment Potential: Architectural plans are in place for a development geared towards community support.\nGovernment Grant Opportunities: Numerous government grants are available to support this type of project, making it easier and more sustainable.\nWork Orders: The owner estimates that completing the necessary work orders would cost approximately $500,000 or slightly less.\nVendor Take Back (VTB) Option: The seller is open to a VTB arrangement to facilitate the sale.\n\nA Call to Action:\n\nThis is more than a real estate transaction; it's an opportunity to contribute to positive change. Whether you're an investor seeking a unique project or a community-minded individual looking to make a difference, this property offers unparalleled potential.\n\nYour Private Viewing Awaits:\n\nDon't miss this chance to... (671858150690020)
Property Type
Hospitality
Time on REALTOR.ca
2 days
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