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$1,799,000
Available - For Sale
Listing ID: X12300014
ATTENTION ALL INVESTORS AND HOTELIERS!!! DUE TO MUNICIPAL RESTRICTIONS NO HOTEL WILL EVER BE CLOSER TO SANDBANKS PROVINCIAL PARK THENA "THE DUNES HOTEL"!!!! All studies, applications and reports required by the municipality for an approved site plan have been submitted for this development and a site plan agreement is currently being drafted. The site plan calls for a one story building that contains 14 hotel rooms, each with their own outdoor patio, as well a 1500 sq ft , two story building that has a lobby/common area on the first floor and a large VIP suite on the second floor. The site is located just 200 meters away from the Sandbanks main entrance allowing hotel guests to be so close that they can walk into the park during the day, and enjoy all of the wineries, breweries and restaurants that Prince Edward County has to offer at night. There is a two bed, two bath house currently on the site that is used as an STA as well as a one story commercial building. The house generates 40k-50k in annual income. Current development plans call for the demolition of the commercial building and the house being moved to another location. The sellers would be open to removing the house prior to closing. A long list of studies and reports have been conducted during the approval period and can be made available upon request. They include but are not limited to; light study, traffic study, environmental reports, hydrogeological and storm water management. An excellent sales package is attached to this listing that includes conservative revenue projections that were prepared by an MBA qualified business consultant. A fee proposal for a full set or working drawings is available. HST applies to this transaction.
Price $1,799,000
Taxes: $3,087
Tax Type: Annual
Occupancy by: Vacant
Address: 2052 COUNTY RD 18 Road , Prince Edward County, K0K 2T0, Prince Edward Co
Postal Code: K0K 2T0
Province/State: Prince Edward Co
Legal Description: PT BLK F CON NORTH SIDE OF EAST LAKE ATH
Directions/Cross Streets: East Lake Road to County Rd.18. East to property l
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Retail
Building Percentage: T
Total Area: 2,552
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Approximatly Age: 16-30
Maintenance: 0
Sprinklers: No
Heat Type: Baseboard
Central Air Conditioning: Yes
Sewers: Septic
Water: Drilled W
Water Supply Types: Drilled Well
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RE/MAX QUINTE LTD.

2052 COUNTY RD 18 Road , Prince Edward County, K0K 2T0, Prince Edward Co


 
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At a Glance:
Type: Com - Commercial Retail
Area: Prince Edward County
Municipality: Prince Edward County
Neighbourhood: Athol Ward
Style:
Lot Size: x 174.00(Feet)
Approximate Age: 16-30
Tax: $3,087
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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