$2,150,000 FOR SALE

Commercial/Retail

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)

Share

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

More like this:
Subdivision Athol Ward
Price History
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
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
Building
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
Land
Total Size 1/2 - 1.99 acres
Amenities Beach, Park, Playground
Sewer Septic System

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.