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.
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Freestanding
Y
Lot
550.68 x 495.27 ft
Lot Irregularities
Rectangular
Retail Area
1,500 ft2
Office/Apt Area
11,500 ft2
Total Area
6.25 acres
Approximate Age
16-30
Elevator
None
Air Conditioning
Y
Basement
N
Chattels
Y
Garage Type
Outside/Surface
Parking Spaces
41
Days Open
6
Hours Open
9AM - 6
LLBO
N
Employees
2
Heat Type
Baseboard
Financial Statement
N
Outside Storage
N
Area Influences
Major Highway
Soil Test
N
Seats
28
Sewers
Septic
Utilities
A
Water
Well
Crane
N
Rail
N
Survey
Y
Lot/Bldg/Unit Code
Lot
Zoning
C3-11 (Hwy Commercial)
Seller Property Info Statement
N
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