Heritage Grand Inn is 40 room interior corridor hotel with onsite manager apartment including 1 bedrooms, living room and kitchen. Hotel is located in Canton, IL which
is about 40 mins from Peoria, IL and was built in 1998. Hotel building is connected with an additional 7,000 square foot banquet hall building which was built in 1978 and served as the headquarters for Freeman Coal Mine for nearly 20 years. Current owner is using this building as storage of excess furniture and hotel supplies. This is the only one hotel in this town which has onsite banquet hall. New owner can easily rent this banquet hall for multiple events after some cosmetic expenses or can convert it to indoor swimming pool for hotel guests and it will result in one and only hotel with indoor swimming pool in this town. There are several rental opportunities on the back of the hotel. Currently one space is rented for $1650/month. On the southeast corner of the almost 5-acre plot, there is another pole-barn structure that is approximately 6,000 square feet which is also included in this deal. Property is renovated entire hotel building including room furniture, new carpets in rooms, hallways and stairs, new LED light fixtures in entire hotel building, new RFID door locks, new flat screen 39 inch wall mounted tv, new floorings in bathrooms of guestroom and public restrooms, recently renovated breakfast room and lobby, new interior and exterior paint, new roof and gutters, new two sided hotel LED sign, new security cameras, brand new commercial washer and dryer of Unimac brand, curved shower curtain rods in all bathrooms, new PTAC units, newer ice machine, newer matrix phone system, replaced mattresses in all rooms. Agent owned interest!
