$2,150,000 FOR SALE


Lot: 200 x 174 ft

2052 County Rd 18 Road
Picton, ON K0K 2T0

The listing of the most exciting boutique hotel project in Prince Edward County presents a very rare opportunity for savvy investors. Due to municipal restrictions no hotel will EVER be closer to Sandbanks Provincial Park than The Dunes!!!! Tell your guests to forget about provincial park reservations, we are so close you can walk right in!!! A site plan application for a 12 room single floor hotel has already been submitted and approval is expected before the end of 2022. All reports required by the municipality have been completed. In addition to the 12 room hotel a two bedroom two bath house that on its own would sell for upwards of $1 mill is expected to stay on site. Use the owners suite as a base for weddings and events for additional revenue. The house currently brings in revenue of over 50k per year. Conservative projections included in attached documents. (id:47423)


Listed By Re/Max Quinte Ltd., Brokerage
Data Provided By Quinte & District Association of REALTORS® Inc.
MLS® Listing Number 40324064
Last Updated Sep 17, 2022
Property Summary
Property Type Commercial/Retail

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Subdivision Athol Ward
Price History
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Detailed Information
Lot 200 x 174 ft
Amenities Nearby Beach, Park, Playground
Community Features High Traffic Area
Features Park/reserve, Beach
Listing Contract Date 2022-09-15
Location Description East Lake Road to County Rd.18. East to property located across from Caddy Shack mini putt.
Ownership Type Freehold
Property Type Retail
Transaction Type For sale
Zoning Description CH-13
Basement Type None
Constructed Date 1996
Construction Style (Attachment) Attached
Cooling Type None
Heating Type Heat Pump
Stories Total 1
Size (Exterior) 2552
Type Retail
Utility Water Drilled Well
Total Size 1/2 - 1.99 acres
Amenities Beach, Park, Playground
Sewer Septic System

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