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 and could also be utilized as an outdoor event space. With its substantial size and strategic zoning, the property is ripe for a visionary developer to maximize its potential fully. This is an exceptional opportunity for someone with the foresight and creativity to transform this space into a thriving commercial or mixed-use hub. 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. **** 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. (id:50886)
BusinessType | Accommodation |
BusinessSubType | Motel |
MLS® Number | X9346337 |
Property Type | Business |
AmenitiesNearBy | Highway |
ParkingSpaceTotal | 41 |
CoolingType | Fully Air Conditioned |
HeatingType | Baseboard Heaters |
SizeInterior | 6.25 Ac |
Acreage | No |
LandAmenities | Highway |
Sewer | Septic System |
SizeDepth | 495 Ft ,3 In |
SizeFrontage | 550 Ft ,8 In |
SizeIrregular | 550.68 X 495.27 Ft ; Rectangular |
SizeTotalText | 550.68 X 495.27 Ft ; Rectangular |
ZoningDescription | C3-11 (hwy Commercial) |
https://www.realtor.ca/real-estate/27406575/9151-road-164-hwy-23-n-north-perth
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Varinder Puaar
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Sukhdeep Puaar
Salesperson