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. (id:52316)
CENTURY 21 PEOPLE'S CHOICE REALTY INC.
$1,700,000
469 BETHUNE DRIVE N, Gravenhurst, Ontario
23 Bathrooms
Property
MLS® Number: X12033312
Address: 469 BETHUNE DRIVE N
City: Gravenhurst
Utilities
Central Air: Yes
Heating: Baseboard Heaters
Parking
Parking Spaces: 30
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Property Sale History
Travel and Neighbourhood
45/100Walk Score®
Car-Dependent
Location
