450 Regional Road 55, Greater Sudbury, Ontario P3Y 1C4

Listed for:
$4,200,000
0 beds
0 baths
Listed 30 days ago
450 Regional Road 55, Greater Sudbury, Ontario P3Y 1C4

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About

Regional Rd 55/ Black lake Rd 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:27476)

Property Highlights

MLS® Number
X13008636
Type
Business
Community Name
Sudbury
Land Size
3.14 ac

Building

Square Footage
3 ac
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE SIGNATURE REALTY
MLS® number:
X13008636
Agent:
Daxesh Patel
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