*Lively Inn & Suites* Formerly Red Carpet Inn* 3.14 Acres C2 Zoning Can Add Plaza, Gas Station, Car Wash, Convenience Store, * 2 Lots On Old Soo Road Are Negotiable & Not Included W/R1-5 Zoning* 3 Entrances To The Motel* Total Building 33,073 Sq Ft* Net Income 2019 $285,120* Steady & Repeat Customers Base* $112,800+Hst Rental Income From Restaurant/Dog Training Including Utilities, Add $21,600/Yr For Closed Restaurant* 37 Rooms, 2 Used By Manager* Cap Rate
12.66%(2019), Large Rooms With Solid Block Construction* Manager Available For Absentee Investor * Just 8 Minutes From Sudbury On Highway 55* Largest Nickel Mine W/4,000 Employees* Can Bring Super 8* Fire Retrofit Appx.$100,000 Done*
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129.2 x 0 ft
As Per City 3.14 Acres.
Net Income Before Debt
Major Highway, Skiing
Seller Property Info Statement
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