2052 COUNTY RD 18 RD new

Prince Edward County,ON K0K 2T0

$ 1799000

- Bed

- Bath

2552 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,552 sqft

Price per Sqft $704

Subdivision Athol Ward

MLS Listing ID X12300014

Building Age 16-30

Annual Tax Amount $3,087

Tax Year 2025

Property Sub-Type Commercial Retail

Property Description

ATTENTION ALL INVESTORS AND HOTELIERS!!! DUE TO MUNICIPAL RESTRICTIONS NO HOTEL WILL EVER BE CLOSER TO SANDBANKS PROVINCIAL PARK THENA "THE DUNES HOTEL"!!!! All studies, applications and reports required by the municipality for an approved site plan have been submitted for this development and a site plan agreement is currently being drafted. The site plan calls for a one story building that contains 14 hotel rooms, each with their own outdoor patio, as well a 1500 sq ft , two story building that has a lobby/common area on the first floor and a large VIP suite on the second floor. The site is located just 200 meters away from the Sandbanks main entrance allowing hotel guests to be so close that they can walk into the park during the day, and enjoy all of the wineries, breweries and restaurants that Prince Edward County has to offer at night. There is a two bed, two bath house currently on the site that is used as an STA as well as a one story commercial building. The house generates 40k-50k in annual income. Current development plans call for the demolition of the commercial building and the house being moved to another location. The sellers would be open to removing the house prior to closing. A long list of studies and reports have been conducted during the approval period and can be made available upon request. They include but are not limited to; light study, traffic study, environmental reports, hydrogeological and storm water management. An excellent sales package is attached to this listing that includes conservative revenue projections that were prepared by an MBA qualified business consultant. A fee proposal for a full set or working drawings is available. HST applies to this transaction.

Location

Province ON

County Prince Edward County

Community Athol Ward

Area Prince Edward County

Rooms

Kitchen 0

Interior

Cooling Yes

Exterior

Utilities Available Available

Building

New Construction false

View More
Favorite Go Tour