112 King st - Hospitality FOR SALE
Palmerston, ON N0G 2P0 |
$6,000,000 CAD
437-476-2231
112 King st
Palmerston, ON N0G 2P0
HIGHLIGHTS
- Just 35 minutes from Kitchener, Stratford, Blyth, Drayton and other attractions.
- 1.5 hours from Toronto Airport and 1 hour from London, Ontario.
- Across the Street from LCBO and Tim Hortons
- In town hospital, Retirment home, High sachool, New house and apartment construction on going everty year. Growing town new home build every year.
- 20 New room site plan approved.
- Property attached with city services.
OVERVIEW
33 spacious rooms - Eight room styles
5 - Luxury Suits with Two Queen Beds & Kitchenette
2 - Luxury King Bedrooms
2 - Luxury Double Queen Bedrooms
11 - Standard Queen Bedrooms
3 - Deluxe King Bedrooms
7 - Spacious Double Queen Bedrooms
2 - Made for Family Kitchenette Rooms
1 - Jacuzzi Queen Bedroom
20- New Room Site plan Approved.
FOR SALE DETAILS
PRICE
$6,000,000 CAD
PRICE/SF
$278 CAD /SF
# OF ROOMS
33
PRICE/ROOM
$181,818 {currency}
CAP RATE
Request Cap Rate
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
King Hotel
PROPERTY TYPE
Hospitality
ADD'L SUBTYPES
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TOTAL BUILDING SIZE
-
STORIES
1
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1998
PARKING SPACES
51
LAND DETAILS
LAND ACRES
3.83 AC
LAND SF
166,835 SF
ZONING
Commercial
APN/PARCEL ID
234100001305550
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437-476-2231
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437-476-2231
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