Discover the possibilities with this charming investment motel, ideally situated near the stunning shores of Lake Couchiching, Couchiching Beach Park, and the vibrant downtown Orillia community. Boasting 16 well-maintained rooms, this property offers steady income potential with significant potential opportunities for land and development expansion. Nestled in a rapidly growing economy, Orillia is a thriving destination known for its bustling shops, cafes, and year-round attractions. With its prime location, this motel caters to tourists, business travelers, and visitors seeking convenient access to the areas natural beauty and amenities. Whether you're looking to expand, redevelop, or continue operating as is, this investment opportunity offers endless potential in a flourishing community. Don't miss the chance to make your mark in this sought-after location! |
Price | $3,200,000 |
Taxes: | $18115.96 |
Tax Type: | Annual |
Occupancy by: | Owner |
Address: | 107 Neywash St , Orillia, L3V 1X6, Ontario |
Postal Code: | L3V 1X6 |
Province/State: | Ontario |
Directions/Cross Streets: | NEYWASH ST & FRONT ST N. |
Category: | With Property |
Use: | Hotel/Motel/Inn |
Building Percentage: | Y |
Retail Area: | 0 |
Retail Area Code: | Sq Ft |
Financial Statement: | N |
Chattels: | N |
Franchise: | N |
Hours Open: | 0 |
Employees #: | 0 |
Seats: | 0 |
LLBO: | N |
Sprinklers: | N |
Heat Type: | Gas Hot Water |
Central Air Conditioning: | Y |
Sewers: | San Avail |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RIGHT AT HOME REALTY |
|
Book Showing | Email a Friend |
Type: | Com - Sale Of Business |
Area: | Simcoe |
Municipality: | Orillia |
Neighbourhood: | Orillia |
Tax: | $18,115.96 |