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2502 518 Highway W Sprucedale, Ontario P0A 1Y0

6500

$575,000

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:23067)

Property Details

MLS® Number 40536404
Property Type Office
Communication Type High Speed Internet
Community Features High Traffic Area
Features Visual Exposure, Paved Driveway
Parking Space Total 5

Building

Basement Type Full
Constructed Date 1899
Exterior Finish Aluminum Siding, Brick Veneer
Foundation Type Stone
Stories Total 3
Size Exterior 6500.0000
Size Interior 6500
Utility Water Well

Land

Access Type Road Access, Highway Access
Acreage No
Sewer Septic System
Size Depth 71 Ft
Size Frontage 116 Ft
Size Irregular 0.189
Size Total 0.189 Ac|under 1/2 Acre
Size Total Text 0.189 Ac|under 1/2 Acre
Zoning Description Cg

Utilities

Electricity Available
Telephone Available

https://www.realtor.ca/real-estate/26473640/2502-518-highway-w-sprucedale

Interested?

Contact us for more information


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Andrew John Cocks
Broker of Record

(705) 380-3166
www.andrewjohncocks.com/
twitter.com/cocksrealty

Cocks International Realty Inc., Brokerage, Utterson
212 Hwy 141 P.o Box 120
Utterson, Ontario P0B 1M0

(705) 640-0664
www.cocksrealty.ca/