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$1,700,000
Available - For Sale
Listing ID: X12033312
21 ROOM MOTEL For Sale in the city of Gravenhurst in MUSKOKA AREA, one of the major tourists attractions. This motel runs on long-term customer living there on Monthly basis, all rooms always occupied, 100% occupancy throughout the year. Just one employee runs the motel. This location and the property has indeed a great income potential for the new owner if operates as a regular motel with all online exposure. Very low operating costs as just one employee, NO housekeeping, Minimum Supplies, NO online reservations system. Investors own this property since last 8 years and it has been operated the same way by one employee only. The property has a Restaurant as well (it was on lease till mid 2024) currently it is closed. FUTURE POTENTIAL: Ideal location for the Builder/Developer to utilize this 3.08 Acres lot and build a branded hotel or other dream project with the city's approval.
Price $1,700,000
Taxes: $9,340.9
Tax Type: Annual
Occupancy by: Owner+T
Address: 469 Bethune Driv North , Gravenhurst, P1P 1B8, Muskoka
Postal Code: P1P 1B8
Province/State: Muskoka
Directions/Cross Streets: Bethune Dr N & Winewood Ave E
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Category: Accommodation
Use: Hotel/Motel/Inn
Building Percentage: T
Total Area: 3.08
Total Area Code:  Acres
Retail Area Code: Sq Ft
Area Influences: Major Highway  
Business/Building Name: Star Motel, Gravenhurst
Franchise: F
Days Open: O
Hours Open: 9am-9pm
Employees #: 1
Maintenance: 0
Heat Type: Baseboard
Central Air Conditioning: Yes
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CENTURY 21 PEOPLE`S CHOICE REALTY INC.

469 Bethune Driv North , Gravenhurst, P1P 1B8, Muskoka


 
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At a Glance:
Type: Com - Investment
Area: Muskoka
Municipality: Gravenhurst
Neighbourhood: Dufferin Grove
Style:
Lot Size: x 370.00(Feet)
Approximate Age:
Tax: $9,340.9
Maintenance Fee: $0
Beds: 0
Baths: 23
Garage: 0
Fireplace: N
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