9151 ROAD 164 (HWY 23) N

North Perth, Ontario, N0G2P0, Canada

$2,999,900

Seize the opportunity to own a fully renovated 20-room motel with a restaurant along with a spacious 2-bedroom owners suite that includes a separate kitchen and living area, 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. This Privately owned VOW INN is located 40-minutes North of Kitchener-Waterloo area off of Highway 23 North, a Regional Highway connecting with London to the southwest as well as the Bruce Peninsula and Highway 400 to the North and East which sees some 10,000 Vehicles daily. The new Owner could consider operating under the same name or explore other Hotel Flags. 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. The expansive lot is ideal for hosting outdoor events such as weddings and family gatherings, adding versatility to the property's usage. 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 which hosts a number of supporting events for local and visiting competitors, 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.

Virtual Tour: https://virtualviews.ca/default.aspx?id=800043647

Last updated on : Thursday 19th of September 2024 12:38:44 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 : X9343807

Property Type : Business

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