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$ 950,000
Est. payment /mo
Active
11529 HIGHWAY 15 HWY Montague, ON K7A 4S7
1.83 Acres Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1395635
Year Built 1940
Annual Tax Amount $6,000
Tax Year 2024
Lot Size 1.830 Acres
Property Sub-Type Business
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
Listed by GREATER OTTAWA REALTY INC.