9151 Road 164 Road, North Perth | Image 1

9151 Road 164 Road

North Perth

  • Commercial

$2,955,300
For Sale

Added 4 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Hotel/Motel/Inn

  • Zoning: HWY Commercial C

  • Age: 16-30 years

  • Taxes: 8594.95

  • MLS®#: X7341804

  • Days on Site: 123 Days

  • Added: Dec 05, 2023 (4 months ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: RE/MAX MILLENNIUM REAL ESTATE

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

Property

  • Status: Sale

  • Type: Hotel/Motel/Inn

  • Property Type: Sale Of Business

  • Property Type: With Property

  • Age: 16-30

  • Area: North Perth

  • Availability Date: Immediate

Inside

  • Air Conditioning: Y

Building

  • Basement: N

  • Heat Type: Baseboard

  • UFFI: No

  • Freestanding: Y

  • Water Supply: Well

Parking

  • Garage Type: Single Detached

  • Covered Parking Spaces: 41

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LOT 24, CONCESSION 8 WALLACE, AS IN R280109 ;

  • Taxes: $8,595

  • Taxes Type: Annual

Land

  • Cross Street: Hwy 23 And 89

  • Municipality District: North Perth

  • Lot Depth: 495 Feet

  • Lot Frontage: 528 Feet

  • Lot Irregularities: 6 Acres

  • Zoning: HWY Commercial C

Additional Media

  • Virtual Tour: https://propertyvision.ca/tour/9963

Commercial Specific

  • Number of Employees: 3

  • Sprinklers: N

  • Total Area: 6

  • Total Area Metric: Acres

  • Hours Open: 8-10

  • Office Size: 1500

  • Office Size Metric: Sq Ft

  • Area Influence: Major Highway

  • Days Open: 7

  • Franchise: Y

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Seats: 30

  • Financial Statement: Y

  • LLBO: N

JK-8

North Perth Elementary School

Elementary: Public
9.21 km
JK-8

St Mary's Separate School

Elementary: Catholic
10.75 km
JK-6

Listowel Eastdale Public School

Elementary: Public
9.83 km
JK-8

Howick Central School

Elementary: Public
15.48 km
JK-8

Minto-Clifford Central Public School

Elementary: Public
12.67 km
JK-8

Palmerston Public School

Elementary: Public
4.95 km
9-12

Walkerton District Community School

Secondary: Public
40.16 km
9-12

Wellington Heights Secondary School

Secondary: Public
24.19 km
Pre-Grade 9-12

Norwell District Secondary School

Secondary: Public
5.18 km
9-12

John Diefenbaker Senior School

Secondary: Public
39.59 km
9-12

Listowel District Secondary School

Secondary: Public
9.65 km
Pre-Grade 9-12

Elmira District Secondary School

Secondary: Public
35.56 km