9151 ROAD 164 (HWY 23) N

North Perth, Ontario, N0G2P0, Canada

$2,999,900

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.

Last updated on : Friday 20th of December 2024 04:04:56 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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