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:35762)
BusinessType | Accommodation |
BusinessSubType | Motel |
Name | Star Motel, Gravenhurst |
MLS® Number | X12033312 |
Property Type | Business |
Community Name | Muskoka (S) |
AmenitiesNearBy | Highway |
ParkingSpaceTotal | 30 |
BathroomTotal | 23 |
Appliances | Furniture |
CoolingType | Fully Air Conditioned |
HeatingType | Baseboard Heaters |
SizeInterior | 3.079 Ac |
UtilityWater | Municipal Water |
Acreage | No |
LandAmenities | Highway |
SizeDepth | 370 Ft |
SizeFrontage | 345 Ft |
SizeIrregular | 345 X 370 Ft |
SizeTotalText | 345 X 370 Ft |
ZoningDescription | Commercial |
https://www.realtor.ca/real-estate/28055714/469-bethune-drive-n-gravenhurst-muskoka-s-muskoka-s
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