469 Bethune DR N Pending

Gravenhurst,ON P1P 1B8

$ 1700000

- Bed

23 Baths

3 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Pending

Purchase Type For Sale

Square Footage 3 sqft

Price per Sqft $566,666

Subdivision Muskoka (S)

MLS Listing ID X12033312

Annual Tax Amount $9,340

Tax Year 2024

Property Sub-Type Investment

Property Description

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.

Location

Province ON

County Muskoka

Community Muskoka (S)

Area Muskoka

Zoning Commercial

Interior

Cooling Yes

Inclusions 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.

Exterior

Parking Features Outside/Surface

Community Features Major Highway

Utilities Available Available

Building

Lot Description Lot

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