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450 Regional Road 55 N/A Greater Sudbury, ON P3Y 1C4
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Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Sudbury
MLS Listing ID X13008636
Annual Tax Amount $38,999
Tax Year 2025
Property Sub-Type Sale Of Business
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.
Location
Province ON
County Greater Sudbury
Area Greater Sudbury
Interior
Cooling Yes
Exterior
Lot Frontage 129.2
Others
ParcelsYN No
Listed by ROYAL LEPAGE SIGNATURE REALTY
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