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2052 County Rd 18 Road Picton, Ontario K0K 2T0

None Heat Pump

$2,150,000

The listing of the most exciting boutique hotel project in Prince Edward County presents a very rare opportunity for savvy investors. Due to municipal restrictions no hotel will EVER be closer to Sandbanks Provincial Park than The Dunes!!!! Tell your guests to forget about provincial park reservations, we are so close you can walk right in!!! A site plan application for a 12 room single floor hotel has already been submitted and approval is expected before the end of 2022. All reports required by the municipality have been completed. In addition to the 12 room hotel a two bedroom two bath house that on its own would sell for upwards of $1 mill is expected to stay on site. Use the owners suite as a base for weddings and events for additional revenue. The house currently brings in revenue of over 50k per year. Conservative projections included in attached documents. (id:46172)

Property Details

MLS® Number 40324064
Property Type Retail
Amenities Near By Beach, Park, Playground
Community Features High Traffic Area
Features Park/reserve, Beach

Building

Basement Type None
Constructed Date 1996
Construction Style Attachment Attached
Cooling Type None
Heating Type Heat Pump
Stories Total 1
Size Exterior 2552.0000
Type Retail
Utility Water Drilled Well

Land

Acreage No
Land Amenities Beach, Park, Playground
Sewer Septic System
Size Depth 174 Ft
Size Frontage 200 Ft
Size Total Text 1/2 - 1.99 Acres
Zoning Description Ch-13

https://www.realtor.ca/real-estate/24875377/2052-county-rd-18-road-picton

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Andrew Walmsley
Salesperson

(613) 969-9907
(613) 969-4447

RE/MAX Quinte Ltd., Brokerage
106 North Front Street
Belleville, Ontario K8P 3B4

(613) 969-9907
(613) 969-4447
www.remaxquinte.com

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