9151 Rd 164 Hwy - Hospitality FOR SALE


North Perth, ON N0G 2P0
$2,800,000 CAD
519-742-5800
9151 Rd 164 Hwy, North Perth, ON for Sale
$2,800,000 CAD
Hospitality - FOR SALE
1/15
null | Request Cap Rate

9151 Rd 164 Hwy
North Perth, ON N0G 2P0


HIGHLIGHTS

  • Turnkey 20-room motel with 2-bedroom owner’s suite
  • Fully refurbished in 2021 with modern guest amenities
  • 6-acre Highway Commercial–zoned site with prime visibility

OVERVIEW

Positioned directly on Highway 23 between Listowel and Palmerston, the Vow Inn presents a rare turnkey hospitality investment with strong upside potential. This extensively renovated 20-room motel includes a spacious 2-bedroom owner’s suite with a full kitchen and living area, offering both operational flexibility and on-site management convenience. The property spans 6 acres of level, rectangular land with exceptional highway visibility and access, making it ideal for continued motel operations or repositioning into extended-stay lodging, corporate retreats, or specialty accommodations. Recent capital improvements include a new roof (2020), hallway addition (2021), updated plumbing and sewer systems, ESA-certified electrical upgrades, and a new submersible well pump with advanced water treatment systems. Guest rooms feature premium bedding, 32-inch LED satellite TVs, individual climate control, and complimentary high-speed Wi-Fi. A fully built-out 40-seat restaurant—currently closed—offers immediate value-add potential for food service or event hosting. The property benefits from proximity to the North East Employment Lands development in North Perth and Palmerston’s industrial park, both within a 5-minute drive. With direct access to Highway 23, guests enjoy quick connections to Listowel, Harriston, and the Guelph/Kitchener-Waterloo corridor. Adjacent to a golf course and surrounded by rural charm, the site combines leisure appeal with commercial viability.

FOR SALE DETAILS

PRICE

$2,800,000 CAD

PRICE/SF

$243 CAD /SF

# OF ROOMS

20

PRICE/ROOM

$140,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Magnuson Hotel Vow

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1987

PARKING SPACES

41

LAND DETAILS

LAND ACRES

6.25 AC

LAND SF

272,250 SF

ZONING

C3-11

APN/PARCEL ID

314041000610900

ASK ABOUT THIS PROPERTY

Lester TobinColdwell Banker Commercial Peter Benninger RealtyMore Info
519-742-5800

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Lester TobinColdwell Banker Commercial Peter Benninger RealtyMore Info
519-742-5800

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