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$2,955,300
Available - For Sale
Listing ID: X7341804
Exceptional Opportunity to own a Newly Renovated 20-room Motel with Restaurant spread on 6 Acres Highway Commercial Zoned Lot with Excellent Visibility in Southern Ontario, close to Kitchener/Waterloo. Priced at comparative rate. The Property is Located across Upcoming Gated Community and North East commercial Lands Development of municipality. Listowel Golf Club & Town Centre, Palmerston Industrial Park & Town Centre and TG Minto (Toyota) Plant within the Vicinity of the Motel. Listowel is home to Industries such as LTI Tech. (Honda), Spinrite Yarns, Erie Meats, Farm Equipment and Automotive Dealerships close to Motel. Motel comes with Renovated 2 BDRM. Owners' Residence. Newly Renovated Guest Rooms Features Updated Bathrooms with Walk-in Showers besides new amenities, FF&E and Upgraded Linens. New Sewer & Plumbing as per Municipal Permit and ESA Certified Electrical's. The well-manicured property features a ~700 sqft. Mech RM & ~1000sqft. Storage/Garage. Check out the Virtual Tour.
Extras:   Turn-Key Operation. Full Chattel List And Financials Available. Please Do Not Visit The Property Without An Appointment. Attractively Priced for Great Return on Investment
Price $2,955,300
Taxes: $8,594.95
Tax Type: Annual
Occupancy by: Vacant
Address: 9151 Road 164 Rd , North Perth, N0G 2P0, Ontario
Postal Code: N0G 2P0
Province/State: Ontario
Legal Description: PT LOT 24, CONCESSION 8 WALLACE, AS IN R
Lot Size: 528 x 495 (Feet)
Directions/Cross Streets: Hwy 23 And 89
Zoning: HWY Commercial C
Category: With Property
Use: Hotel/Motel/Inn
Building Percentage: Y
Total Area: 6
Total Area Code:  Acres
Office/Appartment Area: 1500
Office/Appartment Area Code: Sq Ft
Area Influences: Major Highway  
Approximatly Age: 16-30
Financial Statement: Y
Chattels: Y
Franchise: Y
Days Open: 7
Hours Open: 8-10
Employees #: 3
Seats: 30
LLBO: N
Sprinklers: N
Heat Type: Baseboard
Central Air Conditioning: Y
Water: Well
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX MILLENNIUM REAL ESTATE

9151 Road 164 Rd , North Perth, N0G 2P0, Ontario


 
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At a Glance:
Type: Com - Sale Of Business
Area: Perth
Municipality: North Perth
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Style:
Lot Size: 528.00 x 495.00(Feet)
Approximate Age: 16-30
Tax: $8,594.95
Maintenance Fee: $0
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Garage: 0
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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