$ 1,199,000
461 Penetanguishene RD Oro-medonte, ON L4M 0H1
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$ 1,199,000
Est. payment | /mo
7 SqFt
$ 1,199,000
Est. payment | /mo
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
Building
Lot Description Irregular Lot
Others
Security Features No
Listed by EXP REALTY
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