Hotels and Motels for Sale in Ontario

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450 REGIONAL ROAD 55
Sudbury Greater Sudbury (Sudbury) P3Y 1C4

$4,200,000
Business

Status:
Active
Prop. Type:
Business
MLS® Num:
X13008636
Bus Major:
Accommodation
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. (id:2493)
Property Type:
Business
Total Living Area:
3 sq. ft.
Zoning:
C2 R1-5
Taxes:
$38,999.8 / -
Community:
Sudbury
Major Business Type:
Accommodation
Cooling:
Fully air conditioned
Fireplace:
No
Heating:
Baseboard heaters
Water:
Municipal water
Lot Frontage:
129'2"
Lot Size:
3.14 acre(s)
Lot Details:
3.14
Listed by ROYAL LEPAGE SIGNATURE REALTY
Data was last updated May 29, 2026 at 05:15 PM (UTC)
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