2052 County Rd 18 Road, Prince Edward County, Ontario K0K 2T0

Listed for:
$1,799,000
0 beds
0 baths
Listed 120 days ago
2052 County Rd 18 Road, Prince Edward County, Ontario K0K 2T0

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Learn more about this property
Listing provided by:
RE/MAX QUINTE LTD.
MLS® number:
X12300014
Agent:
Andrew Walmsley
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About

Cross Streets: East Lake Road to County Rd.18. East to property l. ** Directions: East Lake Road to County Rd.18. East to property located across from Caddy Shack mini putt. ATTENTION ALL INVESTORS AND HOTELIERS!!! DUE TO MUNICIPAL RESTRICTIONS NO HOTEL WILL EVER BE CLOSER TO SANDBANKS PROVINCIAL PARK THENA "THE DUNES HOTEL"!!!! All studies, applications and reports required by the municipality for an approved site plan have been submitted for this development and a site plan agreement is currently being drafted. The site plan calls for a one story building that contains 14 hotel rooms, each with their own outdoor patio, as well a 1500 sq ft , two story building that has a lobby/common area on the first floor and a large VIP suite on the second floor. The site is located just 200 meters away from the Sandbanks main entrance allowing hotel guests to be so close that they can walk into the park during the day, and enjoy all of the wineries, breweries and restaurants that Prince Edward County has to offer at night. There is a two bed, two bath house currently on the site that is used as an STA as well as a one story commercial building. The house generates 40k-50k in annual income. Current development plans call for the demolition of the commercial building and the house being moved to another location. The sellers would be open to removing the house prior to closing. A long list of studies and reports have been conducted during the approval period and can be made available upon request. They include but are not limited to; light study, traffic study, environmental reports, hydrogeological and storm water management. An excellent sales package is attached to this listing that includes conservative revenue projections that were prepared by an MBA qualified business consultant. A fee proposal for a full set or working drawings is available. HST applies to this transaction. (id:27476)

Property Highlights

MLS® Number
X12300014
Type
Retail
Community Name
Athol Ward
Land Size
200 x 174 FT

Building

Square Footage
2552 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Building Cooling Type
Fully air conditioned

Utilities

Water
Drilled Well
Utility Sewer
Septic System

Location