Magnuson Hotel Vow | 9151 Rd 164 Hwy
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Magnuson Hotel Vow 9151 Rd 164 Hwy
20 Room Hotel North Perth, ON N0G 2P0 $2,999,900 CAD ($149,995 CAD/Room)
Investment Highlights
- This offers a versatile opportunity to enhance or diversify.
- close to local demand drivers such as the Listowel & Palmerston town centers, Palmerston Industrial Park and TG Minto Factory.
- Set in a serene location.
Executive Summary
Seize the opportunity to own a fully renovated 20-room motel with a restaurant, strategically located on a 6.25-acre rectangular site along Hwy 23 North, boasting excellent visibility and easy access, plus ample surface parking for 41 vehicles. The property is zoned Highway Commercial, allowing for a broad range of commercial activities, including hotel/motel operations and accessory uses like a banquet hall or restaurant. Renovations completed between 2018 and 2019 encompassed updates to guest rooms, bathrooms, plumbing, electrical systems, and equipment, along with new corridors, windows, doors, roofing, & insulation. The lobby features new tiling and drywall, all compliant with municipal plumbing & sewer permit.
Property Facts
Price | $2,999,900 CAD | Lot Size | 6.25 AC |
Price Per Room | $149,995 CAD | Building Size | 11,500 SF |
Sale Type | Investment | No. Rooms | 20 |
Sale Conditions | Excess Land | No. Stories | 1 |
Property Type | Hospitality | Year Built | 1987 |
Property Subtype | Hotel | Parking Ratio | 3.57/1,000 SF |
Building Class | C | Corridor | Exterior |
Price | $2,999,900 CAD |
Price Per Room | $149,995 CAD |
Sale Type | Investment |
Sale Conditions | Excess Land |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 6.25 AC |
Building Size | 11,500 SF |
No. Rooms | 20 |
No. Stories | 1 |
Year Built | 1987 |
Parking Ratio | 3.57/1,000 SF |
Corridor | Exterior |
Amenities
- Restaurant
- Public Access Wifi
- Smoke-Free
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Guest Room | 20 | $116.00 CAD | - |
1 of 1
zoning
Zoning Code | C3-11 (Highway Commercial) |
C3-11 (Highway Commercial) |
1 of 16
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Magnuson Hotel Vow | 9151 Rd 164 Hwy
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.