Thriving Business Opportunity in the Heart of Cottage Country next to Palmerston Lake. Nestled in the scenic and sought-after tourist destination of Palmerston Lake, this newly renovated 11-room motel offers incredible potential for investors, small business or Multi-generational living. Situated on 2 acres with stunning views overlooking the lake, the property includes a welcoming reception/office area and an upper-level 3-bedroom, 1-bath apartment, perfect for an owner-operator or to generate additional income as a rental or Airbnb. With year-round tourist traffic, the business benefits from summer vacationers drawn to the area with many pristine lakes and winter visitors including snowmobilers and outdoor enthusiasts. High-speed internet and reliable cell service are available. Located just 3 hours from Toronto, this is a unique opportunity to live, work, and thrive in one of Ontario's most beautiful recreational areas. Zoning allows for many different uses! (id:47421)
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Detailed Information
Bedrooms
14
Bathrooms
12
Lot
496.75 x 0 ft
Features
In-Law Suite
Listing Contract Date
2025-10-11
Location Description
Hwy 7, approx 5 mins west of Sharbot Lake, turn north on Hwy 509. Follow to Pin# 9628-9636
Ownership Type
Freehold
# of Parking Spaces
20
Property Type
Single Family
Transaction Type
For sale
Zoning Description
Hamlet
Building
Appliances
Water Heater, Refrigerator
Basement Type
None
Construction Style (Attachment)
Detached
Cooling Type
Window air conditioner
Exterior Finish
Vinyl siding
Foundation Type
Slab
Heating Fuel
Electric
Heating Type
Baseboard heaters
Stories Total
2
Type
House
Parking Spaces
Name
Spaces
No Garage
Land
Total Size
496.8 FT ; 1
Sewer
Septic System
Size of Irregular Land
496.8 FT ; 1
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