450 Regional Road 55
Greater Sudbury, ON
- 3 sqft
- Sale Of Business
- 156 days on market
A 37-room motel (Lively Inn & Suites Motel), together with three stable tenants, generates a fixed gross monthly rental income of $13,300 from a restaurant, dog-training facility, and convenience store. The property sits on a 3.14-acre, C2-zoned corner lot, offering exceptional visibility, easy access, and a prime opportunity for high-traffic commercial or mixed-use development on its surplus land.Currently zoned Highway Commercial (C2 R1-5) and comprising three separate lots with individual PINs (including two lots fronting Old Soo Road), the site supports a wide range of development possibilities such as a plaza, gas station, or additional commercial structures.This property is ideal for an investor seeking both immediate income and long-term development potential, with zoning that accommodates numerous commercial projects or future expansions to the existing motel operation.
Listing Details
- Taxes (2025)
- $39,000
- Originally Listed
- $4,200,000
- Listed
- April 16, 2026
Price History
Parking
- Garage
- Outside/Surface
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Regional Rd 55/ Black lake Rd
- Zoning
- C2 R1-5
- Possession
- Flexible
- Occupancy
- Owner+Tenant
Commercial
- Business Type
- Hotel/Motel/Inn
Included
- Inclusions
- Financial will be provided with conditional offer.
- Exclusions
- All Financial information will be Disclosed, and Provided after the conditional offer.
- Rental Items
- Hot Water Heater
Community
Postal area P3Y
- Population
- 7,757
- Private dwellings
- 3,167
- Median age
- 44
- Average household size
- 2.5
- Median household income
- $113,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Greater Sudbury · last 12 months
- Median sold price
- $660,802
- Homes sold
- 64
- Median days on market
- 24
- Sale-to-list price
- 97.8%
Based on 64 recorded sales of commercial properties in Greater Sudbury over the last 12 months.
Listed by
ROYAL LEPAGE SIGNATURE REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Annual property tax
- $39,000
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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