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469 Bethune Drive N Gravenhurst, Ontario P1P 1B8

23 Bathroom 3 ac
Fully Air Conditioned Baseboard Heaters Acreage

$1,700,000

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:35544)

Business

BusinessType Accommodation
BusinessSubType Motel
Name Star Motel, Gravenhurst

Property Details

MLS® Number X12033312
Property Type Business
Community Name Muskoka (S)
AmenitiesNearBy Highway
ParkingSpaceTotal 30

Building

BathroomTotal 23
Appliances Furniture
CoolingType Fully Air Conditioned
HeatingType Baseboard Heaters
SizeInterior 3 Ac
UtilityWater Municipal Water

Land

Acreage Yes
LandAmenities Highway
SizeDepth 370 Ft
SizeFrontage 345 Ft
SizeIrregular 3.08
SizeTotal 3.08 Ac
SizeTotalText 3.08 Ac
ZoningDescription Commercial
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