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:50787)
Business
| Business Type | Accommodation |
| Business Sub Type | Motel |
| Name | Star Motel, Gravenhurst |
Property Details
| MLS® Number | X12033312 |
| Property Type | Business |
| Amenities Near By | Highway |
| Parking Space Total | 30 |
Building
| Bathroom Total | 23 |
| Appliances | Furniture |
| Cooling Type | Fully Air Conditioned |
| Heating Type | Baseboard Heaters |
| Size Interior | 3.079 Ac |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Highway |
| Size Depth | 370 Ft |
| Size Frontage | 345 Ft |
| Size Irregular | 345 X 370 Ft |
| Size Total Text | 345 X 370 Ft |
| Zoning Description | Commercial |
https://www.realtor.ca/real-estate/28055714/469-bethune-drive-n-gravenhurst
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
March 21 2025 04:11:46
Toronto Real Estate Board
Century 21 People's Choice Realty Inc.