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.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
134121 sq. ft. Acres
Total Area:
3.08 acre(s)1.25 hectare(s)
Retail Area:
0 sq. ft. Sq Ft
Depth:
370'113 m
Frontage:
345'105 m
Bathrooms:
23.0
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Baseboard
Garage:
Outside/Surface
Parking Spaces:
30
Possession Details:
30-60 days
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$9,340.9 /
2024
Assessment:
$- /
-
Gravenhurst
Muskoka (S)
Muskoka
Major Highway
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.
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