No Photos Available

Business For Sale

$4,200,000

MLS® Number: X13008636

Floor Area

3

Land Size

3.14

450 REGIONAL ROAD 55, Greater Sudbury (Sudbury), Ontario

About This Property

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.

Property Details

Interior Details

Cooling

Fully air conditioned

Heating

Baseboard heaters

Living Area

3

Land & Location

City Region

Sudbury

Frontage Length

129.2 feet

Lot Size Area

3.14 acres

Lot Size Dimensions

3.14

Postal Code

P3Y1C4

Listing & Financials

Listing Office

ROYAL LEPAGE SIGNATURE REALTY

Originating System Name

Toronto Regional Real Estate Board

Other Specifications

Country

Canada

Mortgage Calculator

20% ($840,000)
5.5%
25 Years

Estimated Monthly Payment

$20,633

Principal and interest only. Actual rates may vary.

Location & Map

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