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$ 12,000,000
Est. payment | /mo
200,000 SqFt
$ 12,000,000
Est. payment | /mo
200,000 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 200,000 sqft
Price per Sqft $60
Subdivision Downtown
MLS Listing ID X12520230
Annual Tax Amount $88,797
Tax Year 2025
Property Sub-Type Investment
Property Description
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 i son 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
Community Downtown
Area Wellington
Zoning C3
Interior
Cooling Yes
Inclusions the Property sold under "where is, as is."
Exterior
Utilities Available Available
Lot Frontage 235.85
Lot Depth 106.54
Others
ParcelsYN No
Listed by IGNITE STAR REALTY INC.
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