UNMATCHED SITE PLAN APPROVED HOTEL DEVELOPMENT OPPORTUNITY IN PRINCE EDWARD COUNTY !!!- THE CLOSEST PERMITTED HOTEL SITE TO SANDBANKS PROVINCIAL PARK!!!!. This exceptional property offers what no other hotel project ever will: legal proximity to Sandbanks Provincial Park. Due to municipal restrictions, no future hotel will be approved closer than this site-situated approximately 200 meters from the park's main entrance. The location provides an unmatched advantage for guests seeking walkable access to one of Ontario's most popular tourist destinations, while remaining only minutes from the wineries, breweries, and dining options that define Prince Edward County. An approved Site Plan Agreement has been fully completed and is ready for execution. All required municipal reports and technical studies have already been conducted and submitted, creating a genuine shovel-ready development opportunity. The site plan calls for a one story building that contains 14 hotel rooms, each with their own outdoor patio, as well a 1500 sq ft, two story building that has a lobby/common area on the first floor and a large VIP suite on the second floor. There is a two bed, two bath house currently on the site that is used as an STA as well as a one story commercial building. The house generates 40k-50k in annual income. Current development plans call for the demolition of the commercial building and the house being moved to another location. A long list of studies and reports have been conducted during the approval period and can be made available upon request. They include but are not limited to; light study, traffic study, environmental reports, hydrogeological, as built appraisal, site plan agreement and storm water management. An excellent sales package is attached to this listing that includes conservative revenue projections.****THE CURRENT LIST PRICE IS LOWER THAN THE APPRAISED VALUE***
Address
2052 County Rd 18 Road
List Price
$1,290,000
MLS® Status
New
Expiration Date
2026-04-29
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Prince Edward County
Sub-Area
Athol Ward
Lot Depth
174
Lot Type
Lot
Lot Size Units
Feet
Lot Width
200
Parcel Number
550760053
Total Building Area
2552
Occupant Type
Vacant
Cross Street
East Lake Road to County Rd.18. East to property l
Approx. Age
16 - 30 Years
MLS® Number
X12734652
Listing Brokerage
RE/MAX QUINTE LTD.
Basement
No
Postal Code
K0K 2T0
Posession Details
Immediate
Tax Amount
$3,087.00
Tax Year
2025
Standard Status
Active
Board Or Association
Central Lakes Association of REALTORS
Heat Type
Baseboard
Cooling
No
Cooling Features
Yes
New Construction
No
Garage Type
None
Tax Legal Description
PT BLK F CON NORTH SIDE OF EAST LAKE ATHOL PT 1 47R3999; PRINCE EDWARD
Security Features
No
Water Source
Drilled Well
Sewer
Septic
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