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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Downtown
MLS Listing ID X13092956
Annual Tax Amount $98,000
Tax Year 2025
Property Sub-Type Investment
Property Description
"Power of Sale". Investment Opportunity: The Royal Inn & Suites Is A Historical Hotel Located In The Heart Of Downtown Guelph. Nestled Amongst Dozens Of Restaurants, Pubs, Unique Retail Stores, And Coffee Shops. It is on the main street of downtown core of Guelph. Just Steps To Guelph Transit, Via Rail Train Station, And Canadian Cab. Guelph Civic Museum. Three of Guelphs biggest and most beautiful parks surronded: Exhibition Park, Royal City Park, Riverside Park. High Tranfic of the students of University of Guelph ,Conestoga College. Many Future Possibilities For Growth. Conestoga college will move the building cross street in 2025, it will create a 5000 students campus. Building With Commercial And Residential Mix And Many Future Possibilities For Growth. The owner has porcbility to Transform Current Hotel To 64 Fully Furnished Apartment Suites, And Expand Commercial Storefront In Busy, Or Developing Condo With Income
Location
Province ON
County Wellington
Area Wellington
Zoning C3
Interior
Cooling Yes
Inclusions the Property sold under "where is, as is.". all existing HVACS, appliances, AC units, oeration system. and existiing equipments in the vacant commercial units.
Exterior
Community Features Major Highway, Public Transit
Utilities Available Available
Lot Frontage 235.85
Lot Depth 106.54
Building
Building Age 100+
Others
Security Features Yes
ParcelsYN No
Listed by IGNITE STAR REALTY INC.
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