LOADING

9151 Road 164 (Hwy 23) N North Perth, Ontario N0G 2P0

6 ac
Fully Air Conditioned Baseboard Heaters

$2,999,900

Priced to Sell - 6 Acre lot,11500 Sft-20 Rooms Motel (19 Rentable Rooms, 1 Game Room with Potential to turn it into a Rentable Room), plus a 2 Bedroom Owner suite (2 BR, 1 Bath, kitchen, living and dining), extensively renovated. A 528 ft. Frontage on Ontario HWY-23 N, easily visible from street. The property, currently zoned as Highway Commercial, offers a variety of development and expansion opportunities. This parcel is ideally suited for a range of developments. With its substantial size and strategic zoning, the property is ripe for a visionary developer to maximize its potential fully. Close to local demand-drivers such as the Listowel & Palmerston town centers, Palmerston Industrial Park, TG Minto Factory (Toyota), Listowel Golf Club, Spinrite Yarns, LTI Tech. (Honda), Steve Kerr Memorial Complex and developing Northeast Employment Lands. With the current owner looking to retire, this presents a unique opportunity for a motivated buyer to capitalize on the property's potential. Under new management, there is tremendous scope to enhance revenue and drive profitability. This property is perfect for someone looking to invest in a business with a solid foundation and significant growth potential. **** EXTRAS **** Attention all investors & builders: The current Highway Commercial zoning of this property supports a wide array of development projects or expansions to the existing motel. This offers a versatile opportunity to enhance or diversify. (id:51300)

Business

BusinessType Accommodation
BusinessSubType Motel

Property Details

MLS® Number X9346337
Property Type Business
AmenitiesNearBy Highway
ParkingSpaceTotal 41

Building

CoolingType Fully Air Conditioned
HeatingType Baseboard Heaters
SizeInterior 6 Ac

Land

Acreage No
LandAmenities Highway
Sewer Septic System
SizeDepth 495 Ft
SizeFrontage 528 Ft
SizeIrregular 528 X 495 Ft ; Rectangular
SizeTotalText 528 X 495 Ft ; Rectangular
ZoningDescription C3-11 (hwy Commercial)

https://www.realtor.ca/real-estate/27406575/9151-road-164-hwy-23-n-north-perth

Varinder Puaar
Salesperson

Sukhdeep Puaar
Salesperson


Get in touch to find out more about this listing