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469 Bethune Drive N

Gravenhurst (Muskoka (S)), Ontario, P1P1B8

$1,700,000

MLS®#: X12033312
23
Baths
Description:

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:10317)

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Property Details
Status: For sale
Address: 469 BETHUNE DRIVE N, Gravenhurst (Muskoka (S)), P1P1B8
MLS: X12033312
Lot Size: 3.08
Heating: Baseboard heaters
Cooling: Fully air conditioned
Water: Municipal water
Floor Space: 0
Lot Size: 3.08
Agency: Courtesy of CENTURY 21 PEOPLE'S CHOICE REALTY INC.
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