9151 Road 164 (HWY 23) N

North Perth | | N0G 2P0
  • 6.25 sqft
  • 0 gar

$2,999,900

Est. Mtg $10,172 /mo
  • Days on market

    25

  • Status

    A

Listing Broker ROYAL LEPAGE FLOWER CITY REALTY
Since listed: 2 views

Home details

MLS #:

X9346337

Property type:
Investment
Style:
Taxes:
$9,012
Possession:
Immediate
Condo Fee:
Lot Size:
550.68 X 495.27
Zoning:
C3-11 (Hwy Commercial)
Use:
Hotel/Motel/Inn
Heat:
Baseboard

Description


9151 Road 164 (HWY 23) N, , North Perth, Ontario is a Investment property in North Perth and in the community in the N0G 2P0 postal code


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. 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, Listowel Golf Club, Steve Kerr Memorial Complex and developing Northeast Employment Land. 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 operations 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..



Payment calculator

$10923 monthly. In association with: TD Bank
%
  • Principal and Interest
    10172 /mo
  • Property Taxes
    $751 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Mimmo Galatti, Realtor

Similar properties you may like