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9151 ROAD 164 (HWY 23) N, North Perth, Ontario, N0G 2P0

MLS® # X9343807
Commercial For Sale In North Perth, Ontario
$2,999,900
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
9151 Road 164 (Hwy 23) N, North Perth, ON
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MULTIMEDIA

ACTIVE
9151 ROAD 164 (HWY 23) N, North Perth, Ontario, N0G 2P0
$2,999,900

Property Information:

Seize the opportunity to own a fully renovated 20-room motel with a restaurant along with a spacious 2-bedroom owners suite that includes a separate kitchen and living area, strategically located on a 6.25-acre rectangular site along Hwy 23 North, boasting excellent visibility and easy access, plus ample surface parking for 41 vehicles. This Privately owned VOW INN is located 40-minutes North of Kitchener-Waterloo area off of Highway 23 North, a Regional Highway connecting with London to the southwest as well as the Bruce Peninsula and Highway 400 to the North and East which sees some 10,000 Vehicles daily. The new Owner could consider operating under the same name or explore other Hotel Flags. The property is zoned Highway Commercial, allowing for a broad range of commercial activities, including hotel/motel operations and accessory uses. Renovations completed between 2018 and 2019 encompassed updates to guest rooms, bathrooms, plumbing, electrical systems, and equipment, along with new corridors, windows, doors, roofing, & insulation. Despite recent challenges, the motel has significant potential for growth within the local market. Opportunities include local hockey tournaments, hunting, snowmobiling, and the new construction of a 56-acre commercial plaza nearby.The lobby features new tiling and drywall, all compliant with municipal plumbing & sewer permit. Set in a serene location, the motel is close to local demand drivers such as the Listowel & Palmerston town centers, Palmerston Industrial Park, TG Minto Factory, Listowel Golf Club & Steve Kerr Memorial Complex which hosts a number of supporting events for local and visiting competitors, as well as the developing Northeast Employment Lands. **** 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:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Heating Type: Baseboard heaters
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Business
  • Irregular: Yes
  • Lot Depth: 495.3 Feet
  • Lot Frontage: 550.7 Feet
  • Lot Size: 550.68 x 495.27 FT ; Rectangular
  • Zoning: C3-11 (Hwy Commercial)
  • Sewer: Septic System

REALTOR.ca  

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Market Price Trends

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Location of 9151 ROAD 164 (HWY 23) N, North Perth, Ontario, N0G 2P0

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

33 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

49/100

Moderate

ClimateCheck®

Current data

This property, 9151 ROAD 164 (HWY 23) N , experiences 7 hot days per year at around 29.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 33.4 degrees Celsius.

Projected Avg. Temperature

Past
29.8℃
2050
33.4℃

# Hot Days Per Year

Past
7
2050
33

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

66/100

Moderate-High

ClimateCheck®

Current data

This property, 9151 ROAD 164 (HWY 23) N , experiences 11 significant 2-day storms per year, with about 325.3mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 401.4mm of precipitation per year.

Precipitation Per Storm

Past
325.3mm
2050
401.4mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 9151 ROAD 164 (HWY 23) N, North Perth, Ontario, N0G 2P0

Life Stage

Older Parents, Younger Kids

Employment Type

Blue Collar/Primary

Average Household Income

$124,042.84

Average Number of Children

2.53

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

29.16 %

High school certificate or equivalent

26.77 %

Apprenticeship trade certificate/diploma

4.96 %

College/non-university certificate

27.39 %

University Degree

11.72 %

Commuter

Travel To Work

By Car

98.9 %

By Public Transit

0.0 %

By Walking

1.1 %

By Bicycle

0.0 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

100.0 %

Own Vs. Rent

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