ON
Greater Sudbury (Sudbury)
P3Y1C4
450 Regional Road 55
450 Regional Road 55, Greater Sudbury (Sudbury), ON P3Y1C4
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Listing Type
Commercial/Industrial
Listing Status
Active
0
$4,200,000

Home Details for 450 Regional Road 55

Price
$4,200,000
Type
Commercial Sale
Lot size acres
3.14
Days on site
45
Listing #
X13008636
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. (id:31684)

Property Features
  • Heating Information
    • Baseboard
Listing Courtesy: ROYAL LEPAGE SIGNATURE REALTY
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