Motel Restaurant For Sale in Gravenhurst (Muskoka (S))


Asking Price: ?

$1,700,000

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Business 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. (id:63340)

Business Details

Listing Reference # (Optional)
X12033312
Listing Title
Motel Restaurant For Sale in Gravenhurst (Muskoka (S))
Property Type
Business
Street Address
Gravenhurst (Muskoka (S)), Ontario
Last Updated
Wed, 21 May 2025 20:27:18 GMT

Contact NIRAJ PANCHOLI for more information


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