List Price: $1,700,000
469 Bethune Drive, Gravenhurst, P1P 1B8
- By CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Investment|MLS - #X12033312|New
Bed
23 Bath
3.079 Sqft.
Outside/Surface Garage
Client Remarks
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.
Property Description
469 Bethune Drive, Gravenhurst, P1P 1B8
Property type
Investment
Lot size
N/A acres
Style
Approx. Area
3.079 Sqft
Home Overview
Last check for updates
Virtual tour
N/A
Basement information
Building size
3.079
Status
In-Active
Property sub type
Maintenance fee
$N/A
Year built
--
Walk around the neighborhood
469 Bethune Drive, Gravenhurst, P1P 1B8Nearby Places
Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Residential ResaleProperty ManagementPre Construction
MORTGAGE INFO
ESTIMATED PAYMENT
$0 Principal and Interest
$0 Property Taxes
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