8500 Road 164 - Hospitality FOR SALE


Listowel, ON N4W 3G6
$7,500,000 CAD
416-993-7625
8500 Road 164, Listowel, ON for Sale
$7,500,000 CAD
Hospitality - FOR SALE
1/25
null | 10% Cap Rate

8500 Road 164
Listowel, ON N4W 3G6


HIGHLIGHTS

  • Located on country side Highway 23, Artery of all surrounding towns, heavy traffic

OVERVIEW

This is the opportunity you’ve been waiting for. A high-performing, 36-room motel strategically positioned just minutes from the booming Kitchener–Waterloo corridor one of Southern Ontario’s fastest-growing and most economically resilient regions. The property features parking capacity for over 50 vehicles, including dedicated spaces for 53-foot transport truck trailers, making it highly attractive for commercial, contractors, and travel-related clientele. This is not a turnaround project; it is a proven income-generating business with consistent operational performance from day one. Boasting approximately 500 feet of Highway 23 frontage and situated on 6.2 acres of prime, highway commercial, professionally maintained land. The property offers immediate cash flow with substantial long-term upside potential. Investors have the opportunity to expand operations, reposition the asset, optimize revenues, or explore future development possibilities thanks to the scale and flexibility of the site. The property also includes a spacious 3,500 sq. ft. owner’s residence attached to the motel office, featuring four bedrooms and four bathrooms ideal for owner-operators or as an executive rental opportunity. Further enhancing the property are a 1,700 sq. ft. workshop, private tennis/basketball court. Located just 35 minutes from the Kitchener–Waterloo–Cambridge region and approximately 1.5 hours from Brampton, 40min from Kitchener airport, this is a rare opportunity combining strong business performance, valuable real estate, and future growth potential in one compelling investment package.

FOR SALE DETAILS

PRICE

$7,500,000 CAD

PRICE/SF

$424 CAD /SF

# OF ROOMS

36

PRICE/ROOM

$208,333 {currency}

CAP RATE

10%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Listowel Country Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1998

PARKING SPACES

54

LAND DETAILS

LAND ACRES

6.17 AC

LAND SF

268,765 SF

ZONING

-

APN/PARCEL ID

314041000117400

ASK ABOUT THIS PROPERTY

Rakesh PatelHomeLife Kingsview Real EstateMore Info
416-993-7625

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

Rakesh PatelHomeLife Kingsview Real EstateMore Info
416-993-7625

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