1144 Division St - Hospitality FOR SALE


Cobourg, ON K9A 4J9
$2,700,000 CAD
647-371-1461
1144 Division St, Cobourg, ON for Sale
$2,700,000 CAD
Hospitality - FOR SALE
1/9
null | Request Cap Rate

1144 Division St
Cobourg, ON K9A 4J9


HIGHLIGHTS

  • Prime location with high visibility
  • Approved for 55-room hotel development
  • Quick closing opportunity for investors

OVERVIEW

Studio 1 Motel, located at 1144 Division St, Cobourg, ON, offers a prime opportunity for investors. With a total building size of 14,460 sq. ft. across two stories, the property is approved for a 55-room hotel. It features 33 parking spaces and exterior room entrances. Built in 2002, this well-located hospitality asset benefits from its DC (H) zoning and is ideal for quick closing. A great investment in a growing area!

FOR SALE DETAILS

PRICE

$2,700,000 CAD

PRICE/SF

$187 CAD /SF

# OF ROOMS

16

PRICE/ROOM

$168,750 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Studio 1 Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

2002

PARKING SPACES

33

LAND DETAILS

LAND ACRES

1.29 AC

LAND SF

56,192 SF

ZONING

DC (H)

APN/PARCEL ID

142100017001050

ASK ABOUT THIS PROPERTY

Amit TalrejaRe/Max HallmarkMore Info
647-371-1461

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Amit TalrejaRe/Max HallmarkMore Info
647-371-1461

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.