$1,700,000
Available - For Sale
Listing ID: X12033312
469 Bethune Driv North , Gravenhurst, P1P 1B8, Muskoka
| 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: | $9340.90 |
| Tax Type: | Annual |
| Occupancy: | 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 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 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 |
| Washrooms: | 23 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Yes |
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| CENTURY 21 PEOPLE`S CHOICE REALTY INC. |
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Gaurang Shah
Licenced Realtor
Dir:
416-841-0587
Bus:
905-458-7979
Fax:
905-458-1220
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At a Glance:
| Type: | Com - Investment |
| Area: | Muskoka |
| Municipality: | Gravenhurst |
| Neighbourhood: | Dufferin Grove |
| Tax: | $9,340.9 |
| Baths: | 23 |
| Fireplace: | N |
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