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2502 518 Highway W Sprucedale, Ontario P0A 1Y0

$580,000

Your extraordinary opportunity to be a part of history has arrived. Invest in the iconic Sprucedale Hotel, nestled along the renowned Seguin Trail. The property's main floor is zoned for commercial use, and it is currently equipped with a spacious bar, dining area, bathrooms, and a commercial kitchen, offering the necessary layout options and facilities for a successful business. Dedicated to residential private use, the second and third floors offer space for the owner's residence or the potential for Airbnb rental income. The second and third floors have been predominantly stripped down to their structural studs, setting the stage for your vision to thrive. The labor-intensive part is already complete, leaving you with the exhilarating task of customizing the interior to your exact specifications. This property presents the perfect opportunity to bring your design concepts to life, shape a tailored space, and maximize its potential for future value. Moreover, you'll be pleased to know that the local community and township are wholeheartedly supportive of the property's redevelopment, extending a network of resources and opportunities to assist in your endeavor. Nestled in a recreational paradise, the hotel's strategic location on the Seguin Trail and OFSC Snowmobile/ATV Trail systems makes it a highly sought-after destination for outdoor enthusiasts. Seize this rare opportunity to own the legendary Sprucedale Hotel. Schedule a viewing today and unlock the unique possibilities that this iconic property has to offer. (id:46274)

Property Details

MLS® Number 40507623
Property Type Office
Communication Type High Speed Internet
Community Features High Traffic Area
Features Visual Exposure, Paved Driveway
Parking Space Total 5

Building

Basement Type Full
Constructed Date 1899
Exterior Finish Aluminum Siding, Brick Veneer
Foundation Type Stone
Stories Total 3
Size Exterior 6500.0000
Utility Water Well

Land

Access Type Road Access, Highway Access
Acreage No
Sewer Septic System
Size Depth 71 Ft
Size Frontage 116 Ft
Size Irregular 0.189
Size Total 0.189 Ac|under 1/2 Acre
Size Total Text 0.189 Ac|under 1/2 Acre
Zoning Description Cg

Utilities

Electricity Available
Telephone Available

https://www.realtor.ca/real-estate/26239228/2502-518-highway-w-sprucedale

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