450 REGIONAL ROAD 55, Greater Sudbury
For SaleBusiness · MLS® X13008636
Property Description
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.
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Estimated Monthly Payment
$21237.49
