9628 HWY 509

North Frontenac, ON

6,308 sqft • Sale Of Business • 440 days on market

$849,900Price reduced 5%

Thriving Business Opportunity in the Heart of Cottage Country next to Palmerston Lake. Nestled in the scenic and sought-after tourist destination of Palmerston Lake, this newly renovated 11-room motel offers incredible potential for investors or entrepreneurs. Situated on 2 acres with stunning views overlooking the lake, the property includes a welcoming reception/office area and an upper-level 3-bedroom, 1-bath apartment, perfect for an owner-operator or to generate additional income as a rental or Airbnb. With year-round tourist traffic, the business benefits from summer vacationers drawn to the area with many pristine lakes and winter visitors including snowmobilers and outdoor enthusiasts. High-speed internet and reliable cell service are available. Located just 3 hours from Toronto, this is a unique opportunity to live, work, and thrive in one of Ontario's most beautiful recreational areas.

Listing Details

Taxes (2025): $3,229
Originally Listed: $892,900
Listed: June 13, 2025

Price History

Listing history

Location & Legal

Cross Street: Hwy 7, approx 5 mins west of Sharbot Lake, turn north on Hwy 509. Follow to Pin# 9628-9636
Zoning: Hamlet
Parcel Number: 362060033
Possession: Flexible

Commercial

Business Type: Hotel/Motel/Inn
Occupancy: Partial
Office / Apartment Area: 320 Sq Ft

Included

Inclusions: 10 king beds, 8 queen beds 12 air conditioners, 15 small fridges, hot water tank, 15 tvs, includes all existing chattels and equipment

Community

Postal area K0H

Population: 47,286
Private dwellings: 25,346
Median age: 51.2
Average household size: 2.4
Median household income: $92,000

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 North Frontenac · last 12 months

Median sold price: $290,000
Homes sold: 13
Median days on market: 80
Sale-to-list price: 89.6%

Based on 13 recorded sales of commercial properties in North Frontenac over the last 12 months.

Listed by

COLDWELL BANKER FIRST OTTAWA REALTY

Location

Commercial figures

Building area: 6,308 sq ft
Price per sq ft: $134.73
Annual property tax: $3,229
Tax per sq ft: $0.51

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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