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Studio 1 Motel 1144 Division St 16 Room Hotel Cobourg, ON K9A 4J9 $1,934,208 USD ($120,888 USD/Room)
INVESTMENT HIGHLIGHTS
- Prime location with high visibility
- Quick closing opportunity for investors
- Approved for 55-room hotel development
EXECUTIVE SUMMARY
Studio 1 Motel, located at 1144 Division St, Cobourg, ON, offers a prime opportunity for investors. With a total building size of 14,460 sq. ft. across two stories, the property is approved for a 55-room hotel. It features 33 parking spaces and exterior room entrances. Built in 2002, this well-located hospitality asset benefits from its DC (H) zoning and is ideal for quick closing. A great investment in a growing area!
PROPERTY FACTS
| Price | $1,934,208 USD | Building Size | 14,460 SF |
| Price Per Room | $120,888 USD | No. Rooms | 16 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 2002 |
| Property Subtype | Hotel | Parking Ratio | 2.28/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.29 AC | ||
| Zoning | DC (H) - Seasonal motel | ||
| Price | $1,934,208 USD |
| Price Per Room | $120,888 USD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.29 AC |
| Building Size | 14,460 SF |
| No. Rooms | 16 |
| No. Stories | 2 |
| Year Built | 2002 |
| Parking Ratio | 2.28/1,000 SF |
| Corridor | Exterior |
| Zoning | DC (H) - Seasonal motel |
AMENITIES
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 16 | $55.16 USD | - |
Bike Score®
Very Bikeable (71)
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Studio 1 Motel | 1144 Division St
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