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Last Updated : 363 Days ago
9151 Road 164 (HWY 23)  N, North Perth, Ontario,

9151 Road 164 (HWY 23) N, North Perth MLS Number: X9346337

North Perth, Perth, ON, N0G 2P0

$2,999,900

Status: OFF MARKET

  • Property Type: Commercial (Investment)
  • Property Taxes : $9012.07 (Tax Year:2024)
  • Listing Courtesy : Royal Lepage Flower City Realty

9151 Road 164 (HWY 23) N Property Description

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.

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9151 Road 164 (HWY 23) N Property Facts

Property Type :Commercial
MLS Number :X9346337
Listing Type :Sale
Property Age :16-30 Years
Possession Date :
know more link icon
Last Updated :14 Feb, 2025 (363 Days ago)
Source :TRREB
Area :Perth
Postal Code : N0G 2P0

9151 Road 164 (HWY 23) N Property Price & Tax Insights

Price : $2,999,900
Property Taxes :$9012.07
Tax Year :2024

9151 Road 164 (HWY 23) N, North Perth Property Details

Cross Street :HWY 23 and Line 89

9151 Road 164 (HWY 23) N, North Perth - Price History

2024-09

11 Sep, 2024

TREB #X9343807

Available

$2999900.0

9151 Road 164 (HWY 23) N - Location Map and Landmarks

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