620 Lakeshore Road, Temiskaming Shores | Image 1

620 Lakeshore Road

Temiskaming Shores

  • Commercial

$775,000
For Sale

Added 3 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: C4, OS

  • Age: No Data

  • Taxes: 6943.14

  • MLS®#: X9352639

  • Days on Site: 96 Days

  • Added: Sep 15, 2024 (3 months ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: IPRO REALTY LTD

An excellent business or home, or a combination of both. This century property was built as a grand home and transformed into a three unit, short and medium term, accommodation businessearning potential of $150K..excellent investment capitalization. Thriving for two decades, the business and property is now being sold with most contents and the respected Presidents Suites name. The business has been built up under Presidents Suites brand to a point of repeat and referral clients being the cornerstone. There is the flexibility of retaining the current full accommodation business model, or the owner occupying one floor and renting the other two. Alternatively, the entire property could be home for an extended family with no modifications necessary. The latitude of possibilities with the property is very rare in this marketplace. The home has extensive, high quality improvements, an intelligent layout, is bright and tastefully decorated with thoughtfully arranged furnishings. The considerable grounds are attractive and functional with a large parking area and circular drive while the waterfront portion across the road offers access to lake adventures or moments of calm. This exceptional property with numerous possible uses is ready to serve your future ambitions.

Extras

Shed, Hot Tub, BBQ Grills, Decks, Dock, Circular 12 Car Parking

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Accommodation

  • Area: Temiskaming Shores

  • Availability Date: Negotiable

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Heat Type: Gas Forced Air Open

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: PCL 1581 SEC SST; LT 1 PL M54NB BUCKE; LT 2 PL M54

  • Taxes: $6,943

  • Taxes Type: Annual

Land

  • Cross Street: Florence & Lakeshore

  • Municipality District: Temiskaming Shores

  • Parcel Number: 613500176

  • Lot Frontage: 118 Feet

  • Lot Irregularities: irregular lot

  • Zoning: C4, OS

Commercial Specific

  • Total Area: 4210

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

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Somewhat Walkable

  • Some errands can be accomplished on foot.
53 /100

Somewhat Bikeable

  • Most errands require a car.
28 /100
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