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177 Medora Street Port Carling, Ontario P0B 1J0

Acreage

$3,800,000

Incredible investment opportunity in the heart of Muskoka. Located at the busy intersection of Medora St (Hwy 118 W) and Foreman Rd in the beautiful town of Port Carling. The 1.61 acre property is zoned C4 (community commercial), which permits motel, staff quarters, office, tavern, restaurant, recreational establishment, marina, and much more. Port Carling is a primary tourist commercial/service centre for the Muskoka Lakes. Currently operated as the Crestwood Inn - a successful 31-unit motel business providing very clean and quiet accommodations to their loyal clientele, which includes tourists, contractors, event guests, and those in need of temporary accommodations. There are a total of 7 buildings including a 16-unit, 8-unit, and 4-unit building, 2 detached living cabins, a staff house/office and a ~1600 sqft. accessory structure previously operated as a restaurant. Centrally located with incredible highway exposure and over 300’ of frontage on both Hwy 118 W and Foreman Rd. Explore the many future development potential of the property, as the current lot coverage is well below the maximum permitted by C4 zoning. Financials and other pertinent documents available upon request, subject to a confidentiality agreement. Town sewer and water. Call, email, or text for more information. (id:9952)

Business

Name Crestwood Inn

Property Details

MLS® Number 40474372
Property Type Hospitality
Communication Type High Speed Internet
Community Features High Traffic Area

Building

Basement Type None
Construction Material Concrete Block, Concrete Walls, Wood Frame
Exterior Finish Concrete, Vinyl Siding, Wood
Stories Total 2
Size Exterior 11114.0000
Utility Water Municipal Water

Land

Access Type Road Access
Acreage Yes
Sewer Municipal Sewage System
Size Frontage 314 Ft
Size Irregular 1.615
Size Total 1.615 Ac|1/2 - 1.99 Acres
Size Total Text 1.615 Ac|1/2 - 1.99 Acres
Zoning Description C4

Utilities

Electricity Available

https://www.realtor.ca/real-estate/25995094/177-medora-street-port-carling

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