450 Regional Road 55 Greater Sudbury, Ontario P3Y 1C4

3 Acres
Fully Air Conditioned Baseboard Heaters Acreage

$4,200,000

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:62104)

Business

Business Type Accommodation
Business Sub Type Motel
Name Lively Inn and Suites

Property Details

MLS® Number X13008636
Property Type Business
Community Name Sudbury
Equipment Type Water Heater
Rental Equipment Type Water Heater

Building

Cooling Type Fully Air Conditioned
Heating Type Baseboard Heaters
Size Interior 3 Acres
Utility Water Municipal Water

Land

Acreage Yes
Size Frontage 129 Ft ,2 In
Size Irregular 3.14
Size Total 3.14 Ac
Size Total Text 3.14 Ac
Zoning Description C2 R1-5

https://www.realtor.ca/real-estate/29616291/450-regional-road-55-greater-sudbury-sudbury-sudbury

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