9151 ROAD 164 (HWY 23) N

North Perth, Ontario, N0G2P0, Canada

$2,999,900

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.

Last updated on : Thursday 3rd of October 2024 10:40:40 PM

ADDRESS

Street : 9151 ROAD 164 (HWY 23) N

City : North Perth

Province : Ontario

Country : Canada

Postal Code : N0G2P0

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PROPERTY SUMMARY

Property ID : X9346337

Property Type : Business

Parking : 41

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