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Royal LePage Flower City Realty, Brokerage *

ANOOP KULAR
Broker
Direct: 647-523-3536
www.askhomes.ca

Royal LePage Flower City Realty, Brokerage *
Pic_of_house
Status:
For Sale
Property Price:
$2,999,900
Business Type:
Hotel/Motel/Inn
Property Type:
Investment
Age:
16-30
Cross Street:
HWY 23 and Line 89
Heating:
Baseboard
Employees:
2
Financial Statement:
No
Freestanding:
Yes
Front Footage:
528
Industrial Area:
0
Sewers:
Septic
Total Size:
6 Acres
Type Taxes:
Annual
Zoning:
C3-11 (Hwy Commercial)
Lot Size:
528 X 495 Feet
Garage/Parking Type:
Outside/Surface
Water:
Well
Remarks:

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.

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.

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ANOOP  KULAR, Broker

Royal LePage Flower City Realty, Brokerage *

ANOOP KULAR
Broker
Direct: 647-523-3536
www.askhomes.ca

Royal LePage Flower City Realty, Brokerage *
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