$2,999,900

Commercial For Sale In North Perth, Ontario

$2,999,900

Property Information:

6.25 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. A 550 ft. Frontage on Ontario HWY-23, 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 and could also be utilized as an outdoor event space. With its substantial size and strategic zoning, the property is ripe for a visionary developer to maximize its potential fully. This is an exceptional opportunity for someone with the foresight and creativity to transform this space into a thriving commercial or mixed-use hub. 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 and developing Northeast Employment Land. **** 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
  • Amenities Nearby: Highway
  • 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
  • No. of Parking Spaces: 41

Courtesy of: Royal LePage Flower City Realty

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.