9628 HWY 509

Key facts

• Property type: Single Family
• Structure: House
• Transaction: For Sale
• Price: $849,900
• Bedrooms: 14
• Bathrooms: 12
• Lot size: 496.8 FT ; 1
• Parking: 20
• Listing key: 28980769

Listing overview

Thriving 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 newly renovated 11-room motel offers incredible potential for investors, small business or Multi-generational living. Situated on 2 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. 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'...