$3,799,000
For sale: Other

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.
Sold data
Homes in Chatham-Kent (Wallaceburg) took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 8 days and the slowest quarter taking more than 41, across 33 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 33 days.
The median sale price was $359,000.
Homes sold for about 4.0% below asking on average, so there was room to negotiate.
About 0% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
Based on 33 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Currently for sale

$4,699,900
Other20600 COUNTY RD 42, Tilbury North

$2,995,000
Other775 GILLARD STREET, Wallaceburg

$3,700,000
Other585 SEACLIFF DRIVE W/ V/L, Kingsville

$2,750,000
Other9 PARK STREET, Chatham

$2,800,000
Other1580 COUNTY ROAD 34, Ruthven

$3,980,000
Other191 KEIL DRIVE S, Chatham, Chatham-Kent

$3,000,000
Other8336 & 8412 Eighth LINE, Raleigh Township

$3,999,999
Other785 ST CLAIR STREET, Chatham