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Active
11529 Highway 15 HWY W Lanark, ON K7A 4S4
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Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision 902 - Montague Twp
MLS Listing ID X12400910
Annual Tax Amount $5,000
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
WOW - Lets talk potential!! Operated as the Windmill Motel & Suites - closed down pre-pandemic. Highway commercial Zoning with TONNES of uses, and lots of land to expand. 10 Motel Rooms, several started & 60+K of Material on Site to complete project. Amazing 7 bed & 3 Bath home. House layout allows for creation of 2 Bed Second Floor In-law suite - with Separate Entrance + the creation of home Office or possibly another Granny Flat with its own entrance off the back of the house. Tonnes of Renos done to the house - Kitchen with Nat Gas Aga Stove, Massive Sunrm, Huge Main Floor family Room... potential for Master Bedroom with Private bath and walk-in Closet. Income pre-pandemic was $11,500 Monthly - huge potential to bring that Income up to $18,000 per month - also note the size of the parking lot and HUGE 22x53 Garage that includes loft....Seller Willing to entertain Financing to get things going... Major potential!!!
Location
Province ON
County Lanark
Community 902 - Montague Twp
Area Lanark
Interior
Cooling Yes
Exterior
Community Features Major Highway
Lot Frontage 599.35
Lot Depth 238.49
Building
Building Age 51-99
Others
ParcelsYN No
Listed by GREATER OTTAWA REALTY INC.