$3,600,000
Available - For Sale
Listing ID: X7231950
672 10th St West , Owen Sound, N4K 3R9, Ontario


You may have heard of famous saying "Once in life time opportunity" well here is truly Very lucrative well run motel for sale in the Town of Owen Sound , Middle of every thing where you will find 28 newly renovated rooms, all of them with mini fridge, coffee maker etc. plus 4 Bedroom Detached house with Finish Basement (for house) + Detached Office , this Motel is Located in Prime Real Estate in the town of Owen Sound , next to Plaza, Shopping , Tim Horton and Mc Donald and short distance drive to Inglis Fall, Sauble Beach , and Midway to Tobermory, location of this Motel is in very strategic and always busy this is a Guaranteed Money Maker.
Price $3,600,000
Taxes: $25789.97
Tax Type: Annual
Assessment: $733000
Assessment Year: 2022
Occupancy by: Own+Ten
Address: 672 10th St West , Owen Sound, N4K 3R9, Ontario
Postal Code: N4K 3R9
Province/State: Ontario
Legal Description: PT LT 55-57 PL34 OWEN SOUND PT 616R9822
Lot Size: 195.70 x 178.40 (Feet)
Directions/Cross Streets: Hwy 6 And 10th St W
Category: With Property
Use: Hotel/Motel/Inn
Building Percentage: Y
Total Area: 34573.65
Total Area Code:  Sq Ft
Retail Area: 15000
Retail Area Code: Sq Ft
Area Influences: Major Highway   Rec Centre
Approximatly Age: 31-50
Business/Building Name: Nights Inn Owen Sound
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 24 Hrs
Employees #: 2
Seats: 0
LLBO: N
Taxes Expense: $25590
Insurance Expense: $15073
Year Expenses: 2022
Expenses Actual/Estimated: $Act
Sprinklers: Y
Washrooms: 31
Outside Storage: N
Rail: N
Crane: N
Soil Test: N
Heat Type: Baseboard
Central Air Conditioning: Y
Elevator Lift: None
Sewers: San+Storm
Water: Municipal
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RIGHT AT HOME REALTY
Personal Picture
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 - Sale Of Business
Area: Grey County
Municipality: Owen Sound
Neighbourhood: Owen Sound
Style:
Lot Size: 195.70 x 178.40(Feet)
Approximate Age: 31-50
Tax: $25,789.97
Maintenance Fee: $0
Beds:
Baths: 31
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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