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$ 1,700,000
Est. payment /mo
Pending
469 Bethune DR N Gravenhurst, ON P1P 1B8
23 Baths
3 SqFt
UPDATED:
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. Just 1.5 hours north of the GTA and close to the Trans Canada Hwy 11 exit. Absentee Owner, great potential for the new buyer to be an Owner Operator, make more money and cut-down the overhead expenses. The property has a good family Restaurant as well (it was on lease till mid 2024) currently it's closed and under renovation. FUTURE POTENTIAL: Ideal location for the Builder/Developer to utilize this 3.08 Acres lot and build a branded hotel or to expand the existing motel 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.
