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    958 Highway 7 ( Invest) St

    Otonabee-South Monaghan, ON K9J 6X8
    • $2,200,000
    • STATUS: Active
    • ON SITE: 22 days
    • MLS #: X5298136
    UPDATED: 74 min ago
    $2,200,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    County:

    Description

    15 Rooms Renovated Motel With Attached House On Busy Hwy7 (Only 20 Min. From 401). Well Established Property Situated On 2.75 Acre Land With 245Ft Frontage On Hwy 7. Best Opportunity For Investment. The Property's Zoning Offers Huge Potential In Mix Development And Gen. Commercial Zoning Allows For A Large Selection Of Uses Incl. To Build Up To 3 Storeys Hotel Rooms, Build Truck Stop Or Buildings As Any Commercial/ Gas Station/ Automotive/ Retail/ Plaza.

    Extras: Motel Was Improved And Fully Renovated. High Occupancy, Cap Rate, Very Low Expenses. All Rooms Equipped With A/C, Fridge, Tv, H/S Internet Access/ Phone/ Microwave. Please See Attached For All Permitted Uses. Financials Upon Request.

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    Listing information © 2021 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Forest Hill Real Estate Inc Brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2021-07-29T15:43:09.69.
    www.foresthillbarrie.com/homes/119038639
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    958 Highway 7 ( Invest) St Otonabee-South Monaghan, ON K9J 6X8

    • Price: $2,200,000
    • Status: Active
    • Updated: 74 min ago
    • MLS #: X5298136
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighbourhood:
    Rural Otonabee-South Monaghan
    County:
    Ontario
    Area:
    Otonabee-South Monaghan
    Property Description
    15 Rooms Renovated Motel With Attached House On Busy Hwy7 (Only 20 Min. From 401). Well Established Property Situated On 2.75 Acre Land With 245Ft Frontage On Hwy 7. Best Opportunity For Investment. The Property's Zoning Offers Huge Potential In Mix Development And Gen. Commercial Zoning Allows For A Large Selection Of Uses Incl. To Build Up To 3 Storeys Hotel Rooms, Build Truck Stop Or Buildings As Any Commercial/ Gas Station/ Automotive/ Retail/ Plaza.

    Extras: Motel Was Improved And Fully Renovated. High Occupancy, Cap Rate, Very Low Expenses. All Rooms Equipped With A/C, Fridge, Tv, H/S Internet Access/ Phone/ Microwave. Please See Attached For All Permitted Uses. Financials Upon Request.
    Exterior Features

    Area Influences Major Highway Freestanding Yes Garage Type Outside/Surface Lot Depth 490.00 Lot Front 245.00 Lot Size Code Feet Rail N

    Interior Features

    Air Conditioning Y Basement Y Elevator None Heat Type Gas Hot Water Office Apartment Area 10 Office Apartment Area Code % Total Area 2.75 Total Area Code Acres

    Property Features

    Business Building Name Park Side Motel Category Accommodation Chattels Yes Commercial Type Investment Cross Streets Highway 7 Days Open V Employees 1 Financial Statement Yes Franchise No Hours Open 24 List Price Type For Sale LLBO No Lot Code Lot Occupancy Owner Sale Or Lease Sale Seller Property Info Statement No Sewer Septics Sprinklers Part Tax Year 2020 Taxes 9802.68 Taxes Type Annual Use Hotel/Motel/Inn Utilities Y Water Well Zoning Commercial (Ch)

    Listing courtesy of Re/Max Millennium Real Estate, Brokerage.
    Listing information © 2021 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Forest Hill Real Estate Inc Brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2021-07-29T15:43:09.69.
     
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