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:60120)
| Business Type | Accommodation |
| Business Sub Type | Motel |
| Name | Lively Inn and Suites |
| MLS® Number | X13008636 |
| Property Type | Business |
| Community Name | Sudbury |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
| Cooling Type | Fully Air Conditioned |
| Heating Type | Baseboard Heaters |
| Size Interior | 3 Acres |
| Utility Water | Municipal Water |
| 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
Contact us for more information
Daxesh Patel
Broker
(905) 568-2121
(905) 568-2588
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