ON > Gravenhurst
Gravenhurst, ON P1P 1B8,469 Bethune DR N
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 1,700,000
Est. payment /mo
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Active

469 Bethune DR N Gravenhurst, ON P1P 1B8

23 Baths

3 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 3 sqft

Price per Sqft $566,666

MLS Listing ID X12033312

Annual Tax Amount $9,340

Tax Year 2024

Property Sub-Type Investment

Lot Depth 370.0

Lot Front 345.0

Property 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.

Location

Province ON

County Muskoka

Area Muskoka

Interior

Cooling Yes

Exterior

Community Features Major Highway

Utilities Available Available

Lot Frontage 345.0

Lot Depth 370.0

Listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC.
agent

Jethro Seymour

Broker

+1(416) 712-0767

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469 Bethune DR N

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