32990 HIGHWAY 62
Hastings Highlands (Monteagle Ward), Ontario
MLS® X13863126
$799,800
- Status
- Active
- Property type
- Retail
- MLS® number
- X13863126
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 41Listing description
Prime highway commercial location in the heart of Maynooth, offering the opportunity to acquire a landmark property with exceptional scale, visibility and potential. For more than 100 years, the Arlington Hotel has been part of the community, operating as a hotel and restaurant with guest accommodations, bar, patio and gathering spaces. Offering approximately 8,000 sq.
ft. and 15 bedrooms, this unique property provides multiple possibilities for an entrepreneur, investor or family looking to combine business and lifestyle. Continue the existing hotel and restaurant operation, create a destination sports bar, explore a bed and breakfast concept, or bring your own vision to this versatile property.
Existing income streams have included overnight accommodations, restaurant and bar operations, group events, food and pizza sales, plus passive monthly income from barn rental. Beyond its established commercial use, the size and layout create exciting potential for repositioning or multi-residential investment, subject to applicable zoning and municipal approvals. The building may also appeal to an entrepreneurial family looking to operate a business while living on-site.
Ideally positioned along a prime highway route in Maynooth, close to village amenities and approximately 20 minutes from Algonquin Park. A truly distinctive opportunity to acquire a commercial building of this scale, history and versatility at an exceptional price point.
Property summary
- MLS® number
- X13863126
- Property type
- Retail
- Size
- 1 sq ft
- Land size
- 0.911 acres
- Annual property taxes
- $4,198.03
- Parking
- 30 spaces
- Days on market
- 5 days
Features & details
- Heating
- Forced air
- Cooling
- None
What would this home cost you?
Based on the $799,800 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal Lepage ProAlliance Realty, Peterborough.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.