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$892,900
Available - For Sale
Listing ID: X12219606
Thriving Business Opportunity in the Heart of Cottage Country next to Palmerston Lake. Nestled in the scenic and sought-after tourist destination of Palmerston Lake, this newly renovated 11-room motel offers incredible potential for investors or entrepreneurs. Situated on 2 acres with stunning views overlooking the lake, the property includes a welcoming reception/office area and an upper-level 3-bedroom, 1-bath apartment, perfect for an owner-operator or to generate additional income as a rental or Airbnb. With year-round tourist traffic, the business benefits from summer vacationers drawn to the area with many pristine lakes and winter visitors including snowmobilers and outdoor enthusiasts. High-speed internet and reliable cell service are available. Located just 3 hours from Toronto, this is a unique opportunity to live, work, and thrive in one of Ontario's most beautiful recreational areas.
Price $892,900
Taxes: $3,229
Tax Type: Annual
Occupancy by: Partial
Address: 9628 HWY 509 N/A , North Frontenac, K0H 2J0, Frontenac
Postal Code: K0H 2J0
Province/State: Frontenac
Legal Description: PT LT 28 CON 1 PALMERSTON SRO PT 1, 13R3
Directions/Cross Streets: Hwy 7, approx 5 mins west of Sharbot Lake, turn north on Hwy 509. Follow to Pin# 9628-9636
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Category: With Property
Use: Hotel/Motel/Inn
Total Area: 6,308
Total Area Code:  Square Feet
Office/Appartment Area: 320
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Hours Open: Vary
Employees #: 1
Seats: 0
Maintenance: 0
Heat Type: Baseboard
Central Air Conditioning: Yes
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COLDWELL BANKER FIRST OTTAWA REALTY

9628 HWY 509 N/A , North Frontenac, K0H 2J0, Frontenac


 
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At a Glance:
Type: Com - Sale Of Business
Area: Frontenac
Municipality: North Frontenac
Neighbourhood: Dufferin Grove
Style:
Lot Size: 151.41 x 0.00(Feet)
Approximate Age:
Tax: $3,229
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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