2865 Kingsway, Sudbury, Ontario

$1,800,000

1.00

Acre

About 2865 Kingsway

Well established motel and restaurant business and a city landmark for over 40 years now available for sale. Very profitable business with a good mix of room and restaurant income. Building and units have been very well maintained with a long list of upgrades made over the years provided upon signing of an NDA. In addition to the building and businesses, there is a superior owners suite consisting of 4 bedrooms and luxurious living area. Motel consists of 15 units with two beds per unit with all in extremely good condition. Chateau Guy Restaurant is a going concern with a good mix of breakfast, lunch and dinner traffic. Property is located across from the New Kingsway Entertainment District. Total area of the property is 2.559 acres including an undeveloped 1.7 acre piece zoned C2. Full financials to be provided after a site visit and signing of a NDA. Please note that one of the listing realtors is related to the sellers. THIS IS A SHARED SALE ONLY (id:6289)

Facts & Features

Listing # 2085733
Price $1,800,000
Bathrooms 0.00
Acres 1.00
Type Hospitality
Sub-Type Freehold

Community Information

Address 2865 Kingsway
City Sudbury
Province Ontario
Postal Code P3B2G4

Amenities

Amenities Air Conditioning, Catering/Food Sales
Parking Gravel
Is Waterfront No
Has Pool No

Interior

Heating Boiler, Baseboard heaters
Fireplace No
Has Basement No

Exterior

Exterior Aluminum siding, Brick
Roof Asphalt shingle
Foundation Concrete Slab

Listing Details

OfficeRE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY)

Listing Map

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