Address
2865 Kingsway Sudbury, ON
Price
$ 1,800,000
Property Attributes
  • MLS#2085733
  • TypeCommercial
  • CitySudbury
  • NeighbourhoodSudbury
  • Postal CodeP3B 2G4
  • StyleCommercial Mix
  • Price$ 1,800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Re/Max Crown Realty (1989) Inc., Brokerage (Sudbury)
Property Description

Well established motel and restaurant business and a city landmark for over 40 years now available for sale. Very profitable business with a good mix of room and restaurant income. Building and units have been very well maintained with a long list of upgrades made over the years provided upon signing of an NDA. In addition to the building and businesses, there is a superior owners suite consisting of 4 bedrooms and luxurious living area. Motel consists of 15 units with two beds per unit with all in extremely good condition. Chateau Guy Restaurant is a going concern with a good mix of breakfast, lunch and dinner traffic. Property is located across from the New Kingsway Entertainment District. Total area of the property is 2.559 acres including an undeveloped 1.7 acre piece zoned C2. Full financials to be provided after a site visit and signing of a NDA. Please note that one of the listing realtors is related to the sellers. THIS IS A SHARED SALE ONLY (id:27)

Price History
6/10/2020 Listed $1,800,000

General Features

Amenities Air Conditioning, Catering/Food Sales
Building Type Commercial Mix
Business Subtype Business SubType
Business Type Business Type
Garage no
Listing Type Commercial
Parking no
Property Type Hospitality
Roof Material Asphalt shingle
Roof Style Unknown
Sewer Municipal sewage system
Terms SALE
Wheel Chair Access no

Interior Features

Fireplace no
Flooring Type Hardwood, Laminate, Linoleum, Carpeted
Foundation Type Concrete Slab
Heating Type Boiler, Baseboard heaters

Exterior Features

Exterior Finish Aluminum siding, Brick
Fence Type Not fenced
Parking Type Gravel
Pool Y/N no
Road Type Paved road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in P3B 2G4

Price
AVG $1.8M
$1.8M
Visits
AVG 118
227

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