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$ 1,199,000
Est. payment | /mo
5,150 SqFt
$ 1,199,000
Est. payment | /mo
5,150 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 5,150 sqft
Price per Sqft $232
Subdivision Or62 - Rural Oro-Medonte
MLS® Listing ID 40675419
Originating Board Barrie & District Association of REALTORS® Inc.
Lot Size 7.260 Acres
Acres 316245.6
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 Today’s Market. Whether You’re Looking To Expand Your Investment Portfolio, Operate A Profitable Hospitality Business, Or Create A Private Retreat, This Property Offers Endless Possibilities! (id:24570)
Location
Province ON
Exterior
Garage No
Community Features High Traffic Area
Waterfront No
View Y/N No
Total Parking Spaces 15
Private Pool No
Building
Story 2
Sewer Septic System
Others
Ownership Freehold