Commercial - 11118 Highway 124, South River | MLS: 40250536

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Commercial - 11118 Highway 124, South River | MLS: 40250536

40250536_2.jpg
$575,000
Published on August 9th, 2022

This picturesque 5.3 acre corner lot has successfully been operating as a retirement home since 1993 and it's time for the owner to retire! Zoned as Commercial Employment, there's a multitude of permitted uses for you to operate your business from - retail, professional offices, or a restaurant to name a few. A separate back entrance into the living quarters allows for you to live on site as well. There's at least 1600 sq ft of 8 individual units which could be rented out separately, and then there's the common area, dining area, commercial kitchen plus the living quarters at the back so there's plenty of space! Great potential to operate it as a restaurant with accommodations and capture 4 seasons of income from vacationers near and far. Plenty of parking space and easy access from Hwy 124. The acreage itself is level and partially fenced with a driveway winding through the beautiful mature trees. There is a drilled well near the north end of the property which has never been connected...perhaps the zoning would allow for a home to be built on the property as well? If you have always wanted to be your own boss, here's your opportunity! (64599081)

Realtor.ca

Coldwell Banker Thompson Real Estate
10399 Hwy 124, Sundridge, Ontario
705-384-5437

Bonnie Gagnon
705-493-4737