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STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108

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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$1,390,000
Available - For Sale
Listing ID: X12603662
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: $3,087
Tax Type: Annual
Occupancy by: 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
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Retail
Building Percentage: T
Total Area: 2,552
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Approximatly Age: 16-30
Maintenance: 0
Sprinklers: No
Heat Type: Baseboard
Central Air Conditioning: Yes
Sewers: Septic
Water: Drilled W
Water Supply Types: Drilled Well
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RE/MAX QUINTE LTD.

2052 COUNTY RD 18 Road , Prince Edward County, K0K 2T0, Prince Edward Co

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Stan Khurana
Sales Representative
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Type: Com - Commercial Retail
Area: Prince Edward County
Municipality: Prince Edward County
Neighbourhood: Athol Ward
Style:
Lot Size: x 174.00(Feet)
Approximate Age: 16-30
Tax: $3,087
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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