Thriving Business Opportunity in the Heart of Cottage Country next to Palmerston Lake. Nestled in the scenic and sought-after tourist destination of Palmerston Lake, this newly renovated 11-room motel offers incredible potential for investors or entrepreneurs. Situated on 2 acres with stunning views overlooking the lake, the property includes a welcoming reception/office area and an upper-level 3-bedroom, 1-bath apartment, perfect for an owner-operator or to generate additional income as a rental or Airbnb. With year-round tourist traffic, the business benefits from summer vacationers drawn to the area with many pristine lakes and winter visitors including snowmobilers and outdoor enthusiasts. High-speed internet and reliable cell service are available. Located just 3 hours from Toronto, this is a unique opportunity to live, work, and thrive in one of Ontario's most beautiful recreational areas. (id:6673)
BusinessType | Accommodation |
BusinessSubType | Motel |
MLS® Number | X12219606 |
Property Type | Business |
ParkingSpaceTotal | 75 |
Appliances | Water Heater, Refrigerator |
CoolingType | Fully Air Conditioned |
HeatingType | Baseboard Heaters |
SizeExterior | 6308 Sqft |
SizeInterior | 6308 Sqft |
Acreage | No |
SizeFrontage | 496 Ft ,9 In |
SizeIrregular | Bldg=496.75 Ft ; 1 |
SizeTotalText | Bldg=496.75 Ft ; 1 |
ZoningDescription | Hamlet |
Contact us for more information
Stephanie Mols
Salesperson
Bernadette Stead
Salesperson