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$4,200,000
Est. payment /mo
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Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Sudbury
MLS Listing ID X13008636
Annual Tax Amount $38,999
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
A 37-room motel (Lively Inn & Suites Motel), together with three stable tenants, generates a fixed gross monthly rental income of $13,300 from a restaurant, dog-training facility, and convenience store. The property sits on a 3.14-acre, C2-zoned corner lot, offering exceptional visibility, easy access, and a prime opportunity for high-traffic commercial or mixed-use development on its surplus land.Currently zoned Highway Commercial (C2 R1-5) and comprising three separate lots with individual PINs (including two lots fronting Old Soo Road), the site supports a wide range of development possibilities such as a plaza, gas station, or additional commercial structures.This property is ideal for an investor seeking both immediate income and long-term development potential, with zoning that accommodates numerous commercial projects or future expansions to the existing motel operation.
Location
Province ON
County Greater Sudbury
Area Greater Sudbury
Zoning C2 R1-5
Interior
Cooling Yes
Inclusions Financial will be provided with conditional offer.
Exterior
Parking Features Outside/Surface
Building
Lot Description Lot
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Lited by ROYAL LEPAGE SIGNATURE REALTY
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