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2865 Kingsway Sudbury, Ontario P3B 2G4

Boiler, Baseboard Heaters Acreage

$1,800,000

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:38174)

Business

Business Type Accommodation
Business Sub Type Hotel/motel

Property Details

MLS® Number 2085733
Property Type Hospitality
Equipment Type None
Rental Equipment Type None
Road Type Paved Road

Building

Amenities Air Conditioning, Catering/food Sales
Exterior Finish Aluminum Siding, Brick
Fire Protection Fire Alarm System
Fireplace Present No
Flooring Type Hardwood, Laminate, Linoleum, Carpeted
Foundation Type Concrete Slab
Heating Type Boiler, Baseboard Heaters
Roof Material Asphalt Shingle
Roof Style Unknown
Type Commercial Mix
Utility Water Municipal Water

Parking

Gravel

Land

Access Type Highway Access
Acreage Yes
Fence Type Not Fenced
Sewer Municipal Sewage System
Size Total Text 1 - 3 Acres
Zoning Description C2

https://www.realtor.ca/real-estate/21947477/2865-kingsway-sudbury

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RE/MAX Crown Realty (1989) Inc., Brokerage (Sudbury)
1349 Lasalle Blvd Suite 208,new Sudbury Shopping Centre
Sudbury, Ontario P3A 1Z6

(705) 560-5650
(800) 601-8601
(705) 560-9492
www.remaxcrown.ca

RE/MAX Crown Realty (1989) Inc., Brokerage (Sudbury)
1349 Lasalle Blvd Suite 208,new Sudbury Shopping Centre
Sudbury, Ontario P3A 1Z6

(705) 560-5650
(800) 601-8601
(705) 560-9492
www.remaxcrown.ca

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