Description

 Price: $ 4,200,000.00 MLS^®: X13008636         Location : 450 Regional Road 55 N/A, Greater Sudbury, ON P3Y 1C4

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.

Location Description

Regional Rd 55/ Black lake Rd

Property Details

• Community: Sudbury
• Property Type: Owner+Tenant/Commercial
• Garages: Outside/Surface

Building Features

Features

• Heating: Baseboard
• Sewer: Sanitary+Storm ,