450 Regional Road 55 N/A, Greater Sudbury, ON P3Y 1C4
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450 Regional Road 55 N/A, Greater Sudbury, ON P3Y 1C4
450 Regional Road 55 N/A, Greater Sudbury, ON P3Y 1C4
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 3,950,000
Est. payment /mo
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Price Dropped by $250K

450 Regional Road 55 N/A Greater Sudbury, ON P3Y 1C4

3 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 3 sqft

Price per Sqft $1,316,666

Subdivision Sudbury

MLS Listing ID X13008636

Annual Tax Amount $38,999

Tax Year 2025

Property Sub-Type Sale Of Business

Lot Front 129.2

Property Description

A 37-room motel (Lively Inn & Suites Motel), together with three stable tenants, generates a fixed gross monthly rental income of $13,300 from a restaurant, dog-training facility, and convenience store. The property sits on a 3.14-acre, C2-zoned corner lot, offering exceptional visibility, easy access, and a prime opportunity for high-traffic commercial or mixed-use development on its surplus land.Currently zoned Highway Commercial (C2 R1-5) and comprising three separate lots with individual PINs (including two lots fronting Old Soo Road), the site supports a wide range of development possibilities such as a plaza, gas station, or additional commercial structures.This property is ideal for an investor seeking both immediate income and long-term development potential, with zoning that accommodates numerous commercial projects or future expansions to the existing motel operation.

Location

Province ON

County Greater Sudbury

Area Greater Sudbury

Interior

Cooling Yes

Exterior

Lot Frontage 129.2

Others

ParcelsYN No

Listed by ROYAL LEPAGE SIGNATURE REALTY

NEARBY SCHOOLS & PROPERTIES

Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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450 Regional Road 55 N/A

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