$892,900
Available - For Sale
Listing ID: X12219606
9628 HWY 509 N/A , North Frontenac, K0H 2J0, Frontenac
| 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 or entrepreneurs. 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. |
| Price | $892,900 |
| Taxes: | $3229.00 |
| Tax Type: | Annual |
| Occupancy: | Partial |
| Address: | 9628 HWY 509 N/A , North Frontenac, K0H 2J0, Frontenac |
| Postal Code: | K0H 2J0 |
| Province/State: | Frontenac |
| Legal Description: | PT LT 28 CON 1 PALMERSTON SRO PT 1, 13R3 |
| Directions/Cross Streets: | Hwy 7, approx 5 mins west of Sharbot Lake, turn north on Hwy 509. Follow to Pin# 9628-9636 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | With Property |
| Use: | Hotel/Motel/Inn |
| Total Area: | 6308.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 320 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Hours Open: | Vary |
| Employees #: | 1 |
| Seats: | 0 |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Yes |
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| COLDWELL BANKER FIRST OTTAWA REALTY |
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Imran Gondal
Broker
Dir:
416-828-6614
Bus:
905-270-2000
Fax:
905-270-0047
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Frontenac |
| Municipality: | North Frontenac |
| Neighbourhood: | Dufferin Grove |
| Tax: | $3,229 |
| Fireplace: | N |
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