9151 Road 164 (Hwy 23) N North Perth, Ontario N0G 2P0
$2,999,900
Seize the opportunity to own a fully renovated 20-room motel with a restaurant, 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. The property is zoned Highway Commercial, allowing for a broad range of commercial activities, including hotel/motel operations and accessory uses like a banquet hall or restaurant. 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. 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, 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:50787)
Business
| Business Type | Accommodation |
| Business Sub Type | Motel |
Property Details
| MLS® Number | X9343807 |
| Property Type | Business |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Type | Baseboard Heaters |
| Size Interior | 11500 Sqft |
Land
| Acreage | No |
| Sewer | Septic System |
| Size Depth | 495 Ft ,3 In |
| Size Frontage | 550 Ft ,8 In |
| Size Irregular | 550.68 X 495.27 Ft ; Rectangular |
| Size Total Text | 550.68 X 495.27 Ft ; Rectangular |
| Zoning Description | C3-11 (hwy Commercial) |
https://www.realtor.ca/real-estate/27400053/9151-road-164-hwy-23-n-north-perth
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September 11 2024 08:39:05
Toronto Real Estate Board
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