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$ 950,000
Est. payment /mo
Active
11529 HIGHWAY 15 Montague, ON K7A 4S7
0.5 Acres Lot
UPDATED:
11/21/2024 01:14 AM
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID X9516301
Annual Tax Amount $6,000
Tax Year 2024
Lot Size 0.500 Acres
Property Description
Potential Abounds!!! Anything goes!!! Operated as the Windmill Motel and Suites - Closed down Pre-pandemic. Many uses and lots of land still available to expand. 10 Motel Rooms - Several gutted and renos started & $60K+ in materials included. Large house on prem, 6 Bed & 3 Bath. House layout allows for easy creation of a 2 bedroom/1 bathroom apartment with kitchen, and one 1 bedroom self contained suite with 2nd floor entrance, leaving the main area of the house with motel office, large family room, basement, kitchen with NatGas AGA cooking stove, sunroom, main floor bedroom, to-be-completed ensuite bathroom, laundry room, w/ upstairs: bathroom, 2 bedrooms, library and large walk-in closet. Pre-pandemic income was approx $11,500 monthly - today's potential upwards of $180K per year. Zoning allows for endless other commercial uses. Note: massive 4 car garage size 22X53 - includes loft. Parking lot with loads of parking!!!! Seller will entertain VTB - also financing terms available.
Location
Province ON
County Lanark
Area 902 - Montague Twp
Rooms
Family Room No
Interior
Cooling Unknown
Exterior
Garage Spaces 15.0
Pool None
Utilities Available Unknown
Roof Type Unknown
Others
Security Features Unknown
Pets Description Unknown
Listed by GREATER OTTAWA REALTY INC.