461 Penetanguishene RD new

Oro-medonte,ON L4M 0H1

$ 1199000

- Bed

- Bath

7 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 7 sqft

Price per Sqft $171,285

MLS Listing ID S10423677

Annual Tax Amount $7,403

Tax Year 2023

Property Description

461 Penetanguishene Rd Is A Unique And Versatile Income-Producing Property Just North Of Barrie, Ontario. Situated On 7.26 Acres, This Property Offers Excellent Investment Potential With A 6-Unit Motel Occupied By Long-Term Tenants, Multiple Additional Structures Including A Main House And Ample Acreage For Various Uses. Its Prime Location Near Highway 11 And Highway 400 Ensures Easy Access And Visibility While Providing A Serene Setting With River Frontage That Flows Into The Beautiful Little Lake. This Property Is Ideally Located To Capitalize On The Area's Year-Round Attractions, Including Golf Courses, Wineries, Hiking Trails, And Event Venues. With A Mix Of Established Rental Income, Multiple Buildings, And Scenic Surroundings, This Is A Rare Find In Todays Market. Whether Youre Looking To Expand Your Investment Portfolio, Operate A Profitable Hospitality Business, Or Create A Private Retreat, This Property Offers Endless Possibilities!

Location

Province ON

County Simcoe

Community Greenbelt/Conservation,Major Highway

Area Rural Oro-Medonte

Interior

Heating Yes

Cooling No

Exterior

Community Features Greenbelt/Conservation,Major Highway

Utilities Available Available

Parking Type None

Building

Lot Description Irregular Lot

Others

Security Features No

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