$2,999,900
Available - For Sale
Listing ID: X9346337
9151 Road 164 (HWY 23) North , North Perth, N0G 2P0, Ontario
| 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. |
| Price | $2,999,900 |
| Taxes: | $9012.07 |
| Tax Type: | Annual |
| Occupancy by: | Own+Ten |
| Address: | 9151 Road 164 (HWY 23) North , North Perth, N0G 2P0, Ontario |
| Postal Code: | N0G 2P0 |
| Province/State: | Ontario |
| Lot Size: | 528.00 x 495.00 (Feet) |
| Directions/Cross Streets: | HWY 23 and Line 89 |
| Category: | Accommodation |
| Use: | Hotel/Motel/Inn |
| Building Percentage: | Y |
| Total Area: | 6.00 |
| Total Area Code: | Acres |
| Office/Appartment Area: | 11500 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area: | 1500 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway |
| Approximatly Age: | 16-30 |
| Financial Statement: | N |
| Chattels: | Y |
| Franchise: | N |
| Days Open: | 6 |
| Hours Open: | 9AM - 6 |
| Employees #: | 2 |
| Seats: | 28 |
| LLBO: | N |
| Outside Storage: | N |
| Rail: | N |
| Crane: | N |
| Soil Test: | N |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Y |
| Elevator Lift: | None |
| Sewers: | Septic |
| Water: | Well |
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| ROYAL LEPAGE FLOWER CITY REALTY |
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At a Glance:
| Type: | Com - Investment |
| Area: | Perth |
| Municipality: | North Perth |
| Lot Size: | 528.00 x 495.00(Feet) |
| Approximate Age: | 16-30 |
| Tax: | $9,012.07 |
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