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450 REGIONAL ROAD 55, Greater Sudbury

For Sale

Business · MLS® X13008636

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Overview
Size
3 Sq Ft
Type
Business
Status
Active
Property Tax
$38,999.8/yr

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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Location

450 REGIONAL ROAD 55

Greater Sudbury, Ontario P3Y1C4

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$21237.49