$4,200,000
Available - For Sale
Listing ID: X13008636
450 Regional Road 55 N/A , Greater Sudbury, P3Y 1C4, Greater Sudbury
| 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. |
| Price | $4,200,000 |
| Taxes: | $38999.80 |
| Tax Type: | Annual |
| Occupancy: | Owner+T |
| Address: | 450 Regional Road 55 N/A , Greater Sudbury, P3Y 1C4, Greater Sudbury |
| Postal Code: | P3Y 1C4 |
| Province/State: | Greater Sudbury |
| Legal Description: | WATERS CON 4 PT LOT 7 AND RP SR3322 PART |
| Directions/Cross Streets: | Regional Rd 55/ Black lake Rd |
| 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 |
| Building Percentage: | T |
| Total Area: | 3.14 |
| Total Area Code: | Acres |
| Retail Area Code: | Sq Ft |
| Business/Building Name: | Lively Inn and Suites |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | 24 |
| Employees #: | 1 |
| Seats: | 160 |
| Washrooms: | 0 |
| Rail: | N |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE SIGNATURE REALTY |
|
|
.jpg?src=Custom)
Dir:
3.14 Acres
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Greater Sudbury |
| Municipality: | Greater Sudbury |
| Neighbourhood: | Sudbury |
| Tax: | $38,999.8 |
| Fireplace: | N |
Locatin Map:
Payment Calculator:
- Color Examples
- Red
- Magenta
- Gold
- Green
- Black and Gold
- Dark Navy Blue And Gold
- Cyan
- Black
- Purple
- Brown Cream
- Blue and Black
- Orange and Black
- Default
- Device Examples