9151 Road 164 (HWY 23) North, North Perth | Image 1

9151 Road 164 (HWY 23) North

North Perth

  • Commercial

$2,999,900
For Sale

Added 3 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Hotel/Motel/Inn

  • Zoning: C3-11 (Hwy Comme

  • Age: 16-30 years

  • Taxes: 9012.07

  • MLS®#: X9346337

  • Days on Site: 99 Days

  • Added: Sep 12, 2024 (3 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: ROYAL LEPAGE FLOWER CITY REALTY

Priced to Sell - 6 Acre lot,11500 Sft-20 Rooms Motel (19 Rentable Rooms, 1 Game Room with Potential to turn it into a Rentable Room), plus a 2 Bedroom Owner suite (2 BR, 1 Bath, kitchen, living and dining), extensively renovated. A 528 ft. Frontage on Ontario HWY-23 N, easily visible from street. The property, currently zoned as Highway Commercial, offers a variety of development and expansion opportunities. This parcel is ideally suited for a range of developments. With its substantial size and strategic zoning, the property is ripe for a visionary developer to maximize its potential fully. Close to local demand-drivers such as the Listowel & Palmerston town centers, Palmerston Industrial Park, TG Minto Factory (Toyota), Listowel Golf Club, Spinrite Yarns, LTI Tech. (Honda), Steve Kerr Memorial Complex and developing Northeast Employment Lands. With the current owner looking to retire, this presents a unique opportunity for a motivated buyer to capitalize on the property's potential. Under new management, there is tremendous scope to enhance revenue and drive profitability. This property is perfect for someone looking to invest in a business with a solid foundation and significant growth potential.

Extras

Attention all investors & builders: The current Highway Commercial zoning of this property supports a wide array of development projects or expansions to the existing motel. This offers a versatile opportunity to enhance or diversify.

Property

  • Status: Sale

  • Type: Hotel/Motel/Inn

  • Property Type: Investment

  • Property Type: Accommodation

  • Age: 16-30

  • Area: North Perth

  • Availability Date: Immediate

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: N

  • Heat Type: Baseboard

  • Elevator: None

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Well

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 41

Fees

  • Tax Year: 2024

  • Taxes: $9,012

  • Taxes Type: Annual

Land

  • Cross Street: HWY 23 and Line 89

  • Municipality District: North Perth

  • Parcel Number: 530030024

  • Sewer: Septic

  • Lot Depth: 495 Feet

  • Lot Frontage: 528 Feet

  • Lot Irregularities: Rectangular

  • Zoning: C3-11 (Hwy Comme

Commercial Specific

  • Number of Employees: 2

  • Rail: N

  • Retail Area: 1500

  • Retail Area Metric: Sq Ft

  • Total Area: 6

  • Total Area Metric: Acres

  • Hours Open: 9AM - 6

  • Office Size: 11500

  • Office Size Metric: Sq Ft

  • Area Influence: Major Highway

  • Days Open: 6

  • Franchise: N

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Lot

  • Survey: Y

  • Seats: 28

  • Soil Test: N

  • Financial Statement: N

  • LLBO: N

Map of 9151 Road 164 (HWY 23) North, North Perth
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
9151 Road 164 (HWY 23) North, North Perth | MLS: X9343807
For Sale
3 months ago
$2,999,900
  • 0 bath
  • 0 bed

9151 Road 164 (HWY 23) North, North Perth, Ontario • N0G 2P0 • North Perth