$2,955,300
FOR SALE

Franchise Business for Sale

Hotel/Motel/Inn

Lot: 528 x 495 ftTotal Area: 6 acres
2023 Taxes: $8,594.95

9151 Road 164 Rd
North Perth, ON N0G 2P0 | Perth

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
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Listed By RE/MAX MILLENNIUM REAL ESTATE
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X7341804
Last Updated Mar 14, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Hotel/Motel/Inn
Franchise Franchise
Category With Property
Legal Description PT LOT 24, CONCESSION 8 WALLACE, AS IN R280109 ;
Occupancy Vacant
Possession Date Immediate
Taxes (2023) $8,594.95
Tax Type Annual
Directions/Cross Streets Hwy 23 And 89
Area Perth
Price History

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Detailed Information
Freestanding Y
Lot 528 x 495 ft
Lot Irregularities 6 Acres
Office/Apt Area 1,500 ft2
Total Area 6 acres
Approximate Age 16-30
Air Conditioning Y
Basement N
Chattels Y
Garage Type Single Detached
Parking Spaces 41
Days Open 7
Hours Open 8-10
LLBO N
Employees 3
Heat Type Baseboard
Financial Statement Y
Area Influences Major Highway
Seats 30
Sprinklers N
Water Well
UFFI No
Lot/Bldg/Unit Code Lot
Zoning HWY Commercial C3-11
Seller Property Info Statement N

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
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.

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