REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,950,000
Est. payment | /mo
3 SqFt
$ 3,950,000
Est. payment | /mo
3 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3
Square Footage 3 sqft
Price per Sqft $1,316,666
Subdivision Sudbury
MLS® Listing ID X13008636
Lot Size 3.140 Acres
Acres 3.14
Appx SqFt 3
Property Description
A 37-room motel (Lively Inn & Suites Motel), together with three stable tenants, generates a fixed gross monthly rental income of $13,300 from a restaurant, dog-training facility, and convenience store. The property sits on a 3.14-acre, C2-zoned corner lot, offering exceptional visibility, easy access, and a prime opportunity for high-traffic commercial or mixed-use development on its surplus land.Currently zoned Highway Commercial (C2 R1-5) and comprising three separate lots with individual PINs (including two lots fronting Old Soo Road), the site supports a wide range of development possibilities such as a plaza, gas station, or additional commercial structures.This property is ideal for an investor seeking both immediate income and long-term development potential, with zoning that accommodates numerous commercial projects or future expansions to the existing motel operation. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by ROYAL LEPAGE SIGNATURE REALTY
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION
QUICK SEARCH