2502 518 Highway W, Sprucedale, Ontario

$575,000

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6,500

Square feet

0.19

Acres

About 2502 518 Highway W

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:6289)

Features of 2502 518 Highway W

Listing # 40536404
Price $575,000
Bathrooms 0.00
Square Footage 6,500
Acres 0.19
Year Built 1899
Type Office
Sub-Type Freehold

Community Information

Address 2502 518 Highway W
Subdivision Sprucedale
City Sprucedale
Province Ontario
Postal Code P0A1Y0

Amenities

Utilities Electricity, Telephone
Features Visual exposure, Paved driveway
Parking Spaces 5
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 3
Has Basement No

Exterior

Exterior Aluminum siding, Brick Veneer
Foundation Stone

Listing Details

OfficeCocks International Realty Inc., Brokerage, Utterson

Listing Map

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