$ 1,199,000
461 Penetanguishene Road Oro-medonte, ON L4M 0H1
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Jennifer Jones • EXP Realty Brokerage
$ 1,199,000
Est. payment /mo
Active Under Contract
461 Penetanguishene Road Oro-medonte, ON L4M 0H1
5,150 SqFt
UPDATED:
11/26/2024 09:03 PM
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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