15 Rooms Renovated Motel With Attached House On Busy Hwy7 (Only 20 Min. From 401). Well Established Property Situated On 2.75 Acre Land With 245Ft Frontage On Hwy 7. Best Opportunity For Investment. The Property's Zoning Offers Huge Potential In Mix Development And Gen. Commercial Zoning Allows For A Large Selection Of Uses Incl. To Build Up To 3 Storeys Hotel Rooms, Build Truck Stop Or Buildings As Any Commercial/ Gas Station/ Automotive/ Retail/ Plaza.
Motel Was Improved And Fully Renovated. High Occupancy, Cap Rate, Very Low Expenses. All Rooms Equipped With A/C, Fridge, Tv, H/S Internet Access/ Phone/ Microwave. Please See Attached For All Permitted Uses. Financials Upon Request.
Pt Lt 27 Con 10 Otonabee As In R701231;T/W R701231
Highway 7 & Lancaster Rd.
Rural Otonabee-South Monaghan
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245 x 490 ft
Gas Hot Water
Seller Property Info Statement
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