Behzad Rahdari, P. Eng.
Broker
Re/Max Hallmark Realty Ltd., Brokerage
Independently owned and operated.
9555 Yonge St , Richmond Hill, Ontario L4C 9M5
Cell: 416-301-7556Office: 905-883-4922
$1,390,000
Available - For Sale
Listing ID: X12603662
2052 COUNTY RD 18 Road , Prince Edward County, K0K 2T0, Prince Edward Co
| UNMATCHED HOTEL DEVELOPMENT OPPORTUNITY IN PRINCE EDWARD COUNTY - THE CLOSEST PERMITTED HOTEL SITE TO SANDBANKS PROVINCIAL PARK. This exceptional property offers what no other hotel project ever will: legal proximity to Sandbanks Provincial Park. Due to municipal restrictions, no future hotel will be approved closer than this site-situated approximately 200 meters from the park's main entrance. The location provides an unmatched advantage for guests seeking walkable access to one of Ontario's most popular tourist destinations, while remaining only minutes from the wineries, breweries, and dining options that define Prince Edward County. An approved Site Plan Agreement has been fully completed and is ready for execution. All required municipal reports and technical studies have already been conducted and submitted, creating a genuine shovel-ready development opportunity. 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. 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. 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. |
| Price | $1,390,000 |
| Taxes: | $3087.00 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 2052 COUNTY RD 18 Road , Prince Edward County, K0K 2T0, Prince Edward Co |
| Postal Code: | K0K 2T0 |
| Province/State: | Prince Edward Co |
| Legal Description: | PT BLK F CON NORTH SIDE OF EAST LAKE ATH |
| Directions/Cross Streets: | East Lake Road to County Rd.18. East to property l |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Retail |
| Building Percentage: | T |
| Total Area: | 2552.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Approximatly Age: | 16-30 |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Yes |
| Sewers: | Septic |
| Water: | Drilled W |
| Water Supply Types: | Drilled Well |
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Behzad Rahdari, P. Eng.
Broker
Dir:
416-301-7556
Bus:
905-883-4922
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Prince Edward County |
| Municipality: | Prince Edward County |
| Neighbourhood: | Athol Ward |
| Approximate Age: | 16-30 |
| Tax: | $3,087 |
| Fireplace: | N |
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