461 PENETANGUISHENE Road new

Oro-medonte,ON L4M0H1

$ 1199000

- Bed

- Bath

5150 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

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