11529 Highway 15, Lanark

  • Type: Commercial
  • Added: 179 days ago
  • Updated: 17 hours ago
  • Last Checked: 9 hours ago
Potential Abounds!!! Anything goes!!! Operated as the Windmill Motel and Suites - Closed down Pre-pandemic. Many uses and lots of land still available to expand. 10 Motel Rooms - Several gutted and renos started & $60K+ in materials included. Large house on prem, 6 Bed & 3 Bath. House layout allows for easy creation of a 2 bedroom/1 bathroom apartment with kitchen, and one 1 bedroom self contained suite with 2nd floor entrance, leaving the main area of the house with motel office, large family room, basement, kitchen with NatGas AGA cooking stove, sunroom, main floor bedroom, to-be-completed ensuite bathroom, laundry room, w/ upstairs: bathroom, 2 bedrooms, library and large walk-in closet. Pre-pandemic income was approx $11,500 monthly - today's potential upwards of $180K per year. Zoning allows for endless other commercial uses. Note: massive 4 car garage size 22X53 - includes loft. Parking lot with loads of parking!!!! Seller will entertain VTB - also financing terms available. (id:1945)

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 11529 Highway 15

  • Parking Total: 15
  • Lot Size Dimensions: Unit=613 x 238.45 FT ; 1

Location & CommunityUnderstand the neighborhood and community

  • Directions: From Carleton Place or Smiths Falls - Take Highway 15 - House is corner of Ferguson-Tatlock Road, and Highway 15 - Park in Motel parking lot

Tax & Legal InformationGet tax and legal details applicable to 11529 Highway 15

  • Tax Annual Amount: 6000
  • Zoning Description: Highway Commercial
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Nearby Listings Stat

Active listings
2
Min Price
$699,999
Max Price
$950,000
Avg Price
$825,000
Days on Market
153 days
Sold listings
0
Min Sold Price
$0
Max Sold Price
$0
Avg Sold Price
$0
Days until Sold
days

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More Details?
Robert Taylor
  • Robert Taylor
  • GREATER OTTAWA REALTY INC.
  • 613-799-3809