$ 499,000
230 Main ST Southwest Middlesex, ON N0L 1M0
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$ 499,000
Est. payment /mo
New
230 Main ST Southwest Middlesex, ON N0L 1M0
8 Baths
12,214 SqFt
UPDATED:
10/17/2024 12:37 PM
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 12,214 sqft
Price per Sqft $40
MLS Listing ID X9394067
Annual Tax Amount $5,534
Tax Year 2024
Property Description
The McKellar Hotel has long been an iconic establishment in Glencoe, offering a blend of community charm and vibrant atmosphere. With seating for 262 patrons, the hotel boasts a spacious bar area, a kitchen and a dining areas that is perfect for both casual and formal gatherings. The venue also features a stage for entertainment, a pool room for leisure activities, and a large patio that accommodates an additional 48 guests, making it an ideal spot for social events and gatherings. The parking lot at the rear across from Lovell Street is included in the sale with the two car garage.On the second floor, the hotel includes four rented apartments (2 Bachelor and 2 two bedroom), providing potential rental income or accommodation for staff. Additionally, a sizable vacant apartment on the third floor offers opportunities for expansion or personal use. The property is complemented by a large parking lot and a two-car garage, which is currently in need of repairs.Located in the heart of Glencoe, this vibrant town is home to the Glencoe Gaels High School, Ekcoe Central Public School, and St. Charles School, making it an attractive area for families. The town offers a variety of amenities, including dining option like The Palace Restaurant, Subway, Pizza Picasso, and Tim Hortons, as well as grocery stores such as No Frills and Foodland. Residents can enjoy recreation facilities like an arena and a curling club, along with local shops and services including salons, pharmacies and professional offices.The features collectively make Glencoe a desirable location for business investors and families seeking a community-oriented small-town lifestyle. The McKellar Hotel stands as a cornerstone of this welcoming community, offering endless potential for growth and development.
Location
Province ON
County Middlesex
Interior
Cooling Yes
Exterior
Garage Spaces 1.0
Utilities Available Yes
Others
Security Features No
Listed by ROYAL LEPAGE TRILAND REALTY