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

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

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
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 -

zoning

Zoning Code C3-11 (Highway Commercial)
C3-11 (Highway Commercial)
  • Listing ID: 33193083

  • Date on Market: 2024-09-16

  • Last Updated:

  • Address: 9151 Rd 164 Hwy, North Perth, ON N0G 2P0

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}