On the market for 33 days — longer than average. The seller may be open to negotiation.
Live-in Business Opportunity in the Heart of Cottage Country, next to Palmerston Lake. Nestled in the scenic and sought-after tourist destination of Palmerston Lake, this renovated 11 room motel offers incredible potential for investors or entrepreneurs. Situated on 1.56 acres with stunning views overlooking the lake, the property includes a welcoming reception/office area and an upper level 3 bedroom, 1 bath apartment, perfect for an owner-operator or to generate additional income as a rental or Airbnb. With year round tourist traffic, the business benefits from summer vacationers drawn to the area with many pristine lakes and winter visitors including snowmobilers and outdoor enthusiasts with the K&P trail running behind the property. High-speed internet and reliable cell service are available. Located just 3 hours from Toronto, this is a unique opportunity to live, work, and thrive in one of Ontario's most beautiful recreational areas. Buyer to verify all intended uses with the township.
*Estimates based on comparable rentals in the area. Actual income may vary.
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