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Mark Wilson
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Exclusive Listing
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$4,950,000

8500 Road 164, Hwy 23N (Hwy #23N Listowel)

Price: $4,950,000

Status: For Sale 

MLS®#: --

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$4,950,000
  • Tax: $35,812 (2019)
  • City:Listowel
  • Type:Commercial
  • Style:Commercial/Retail (Motel)

Features:

  • InteriorFireplace
  • ExteriorAlum Siding, Brick
  • RoofMetal
  • ViewPanoramic
  • Sewer/Water SystemsWell, Septic
Description

Profitable southern Ontario, 39 room motel close to the Kitchener/ Waterloo area. This turn-key operation is strategically located just outside the quaint town of Listowel, a rapidly growing hub for industry and technology. The motel has enjoyed above average occupancy and exceptional revenues with solid and stable performance throughout the pandemic. Top reviews on Google, Expedia, Booking.com and Trip Advisor. A beautiful 3500 sq.ft 4-bedroom, 4-bathroom owners' residence on site makes this an ideal business for a family enterprise. The 6.2-acre well-manicured property also includes a huge 1700 sq.ft workshop, a tennis court and plenty of open space to grow the business and is ideal for weddings and family reunions. The onsite conference venue is well designed for corporate clientele. The property has received many upgrades over the last few years. The owner's residence has been completely remodeled with high quality finishes throughout. A full property offering available to qualified buyers. 


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Mark Stephen Wilson

Real Estate Professional

eXp Realty of Canada Inc., Brokerage

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