2502 518 Highway W, Sprucedale, Ontario P0A 1Y0

Listed for:
$575,000
0 beds
0 baths
Listed 99 days ago
2502 518 Highway W, Sprucedale, Ontario P0A 1Y0

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Learn more about this property
Listing provided by:
Cocks International Realty Inc., Brokerage, Utterson
MLS® number:
40536404
Agent:
Andrew John Cocks
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About

Highway 518 W/Stisted Road N Here's your chance to be part of history by investing in the iconic Sprucedale Hotel, nestled along the renowned Seguin Trail. The property's main floor is zoned for commercial use, boasting a spacious bar, dining area, bathrooms, and a commercial kitchen—ideal for launching a successful business venture. Meanwhile, the second and third floors are designated for residential use, offering ample space for the owner's residence or potential Airbnb rental income. What's more, VTB (Vendor Take-Back) options are available, providing added flexibility for potential buyers. Additionally, with CG (Commercial General) zoning and 6,500 sq/ft, there's immense potential for various endeavors. The second and third floors have been predominantly stripped down to their structural studs, laying the groundwork for your vision to flourish. With the bulk of the labor-intensive work already completed, you're left with the exciting task of customizing the interior to your exact specifications. This presents a prime opportunity to breathe life into your design concepts, shaping a tailored space that maximizes its potential for future value. Beyond the property's inherent charm and potential, you'll find unwavering support from the local community and township, eager to facilitate the redevelopment of the property. Situated in a recreational paradise, the hotel enjoys a strategic location on the Seguin Trail and OFSC Snowmobile/ATV Trail systems—making it a highly coveted destination for outdoor enthusiasts. Whether you're drawn to the thrill of snowmobiling, ATV adventures, or simply immersing yourself in nature, this location offers endless possibilities for recreation and relaxation. Don't let this rare opportunity slip away. Schedule a viewing today and unlock the unique possibilities that the legendary Sprucedale Hotel has to offer. (id:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Aluminum siding, Brick Veneer
Parking space
5
Ownership Type
Freehold
Amenities nearby

Location

Summary

This property is a Freehold, meaning it is owned outright.

There are a total of 5 parking spaces available on the property.

Invest in the historic Sprucedale Hotel, situated along the famous Seguin Trail, and become a part of its rich history. The main floor of the property is zoned for commercial use and features a spacious bar, dining area, bathrooms, and a commercial kitchen, making it an ideal location for starting a successful business. The second and third floors are designated for residential use, providing ample space for the owner's residence or the potential to generate rental income through Airbnb. VTB (Vendor Take-Back) options are also available, offering added flexibility for potential buyers. With CG (Commercial General) zoning and 6,500 sq/ft, there is significant potential for a variety of business ventures. The second and third floors have been largely stripped down to their structural studs, providing a blank canvas for your vision to come to life. With the majority of the labor-intensive work already completed, you have the exciting opportunity to customize the interior to your exact specifications, creating a unique space that maximizes its potential for future value. In addition to the property's inherent charm and potential, you will receive unwavering support from the local community and township, who are eager to assist in the redevelopment of the property. The hotel is strategically located on the Seguin Trail and OFSC Snowmobile/ATV Trail systems, making it a highly sought-after destination for outdoor enthusiasts. Whether you enjoy snowmobiling, ATV adventures, or simply being surrounded by nature, this location offers endless opportunities for recreation and relaxation. Don't miss out on this rare opportunity. Schedule a viewing today and discover the unique potential that the legendary Sprucedale Hotel has to offer.

This property is currently for sale.

The land size of this property is 0.189 acres, which is less than half an acre.

The property is located at 2502 518 Highway W in the city of Sprucedale, Ontario, with the postal code P0A1Y0.

The building exterior finish of the property includes aluminum siding and brick veneer, and it consists of 2.50 stories.