ON > Gravenhurst > Muskoka (S)
Gravenhurst, ON P1P 1B8,469 Bethune DR N
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Ana Bastas

Ana Bastas

+1(647) 361-8169
$ 1,700,000
Est. payment | /mo

23 Baths

3 SqFt

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$ 1,700,000
Est. payment | /mo
Save

23 Baths

3 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Pending

Purchase Type For Sale

Square Footage 3 sqft

Price per Sqft $566,666

Subdivision Muskoka (S)

MLS Listing ID X12033312

Annual Tax Amount $9,340

Tax Year 2024

Property Sub-Type Investment

Property Description

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.

Location

Province ON

County Muskoka

Community Muskoka (S)

Area Muskoka

Zoning Commercial

Interior

Cooling Yes

Inclusions All existing chattels, equipment, furniture etc. in each room belonging to the seller. A full list of chattels and equipment included will be provided after the offer acceptance.

Exterior

Parking Features Outside/Surface

Community Features Major Highway

Utilities Available Available

Building

Lot Description Lot

Lited by CENTURY 21 PEOPLE`S CHOICE REALTY INC.
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(647) 361-8169

ana@anabastas.ca

130 KING ST W UNIT 1900B TORONTO, ON M5X 1E3, ON, M5X 1E3, CAN

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469 Bethune DR N