461 Penetanguishene Road

Oro-medonte,ON L4M 0H1

$ 1199000

0 Bed

- Bath

5150 SqFt


Key Details

Property Type Commercial

Sub Type Mixed,Building and Land

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 5,150 sqft

Price per Sqft $232

MLS Listing ID 40675419

Abv Grd Liv Area 5,150

Originating Board Barrie

Annual Tax Amount $7,403

Lot Size 7.260 Acres

Acres 7.26

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!

Location

Province ON

County Simcoe County

Area Oro-Medonte

Zoning A/RU(H)

Direction Highway 400 & Highway 11

Rooms

Basement Full

Kitchen 0

Interior

Fireplace No

Exterior

Garage No

Building

Lot Description Ample Parking,High Traffic Area,Highway Access,Hospital,Public Transit,Visual Exposure

Faces Highway 400 & Highway 11

Story 2

Sewer Septic Tank

Water Well

New Construction No

Others

Senior Community No

Tax ID 585520038

Ownership Freehold/None

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