MLS®: 2058339 Status: For sale

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$2,500,000
Location:

2865 Kingsway, Sudbury Ontario, P3B2G4

2865 Kingsway, Sudbury Ontario
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. (id:2471)
Property:
Type: Hospitality
Acreage: 1 - 3 acres
Road Type: Paved road
Sewer: Municipal sewage systemWater: Municipal water
Access: Highway access
Structure:
Style: Commercial Mix
Heating: Boiler
Exterior: Aluminum siding, Brick
Flooring: Hardwood, Laminate, Linoleum, Carpeted
Roof Type: Asphalt shingle
Foundation Type: Concrete Slab
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2865 Kingsway, Sudbury Ontario

RE/MAX Crown Realty (1989) Inc. Brokerage - Sudbury

Danielle Aubrey
Sales Representative

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705-560-5650

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705-688-4556

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800-601-8601



Listing Office: RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY)

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