469 Bethune Drive N Gravenhurst, Ontario P1P 1B8
$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:56991)
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 |
| FireplacePresent | No |
| HeatingType | Baseboard Heaters |
| SizeInterior | 3.08 Acres |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Highway |
| SizeDepth | 370 Ft |
| SizeFrontage | 345 Ft |
| SizeIrregular | 345 X 370 Ft |
| SizeTotalText | 345 X 370 Ft |
| ZoningDescription | Commercial |
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March 24 2025 07:49:44
Toronto Regional Real Estate Board
Century 21 People's Choice Realty Inc.
