14 Units Motel & Restaurant 4.8 Acre French River
www.GlobalBX.com
Listing ID:
700138164
Listing Title:
14 Units Motel & Restaurant 4.8 Acre French River
Quick Link:
http://www.globalbx.com/listing.asp?bId=138164
Industry:
Hotels and Holiday Accommodation
Industry Segment:
Motels
Country:
Canada
State / Province:
Ontario
Area
City:
Asking Price Range:
$250K - $500K
Gross Revenues:
$150,000
Cash Flow:
$85,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
1990
Number of Employees:
1 - 3
Business Description:
French River Inn, 14 units motel and restaurant with 150 seats and liquor license.
Located in famous French River area right on hwy 69 on nicely treed 4.85 acres.
Owner`s accommodation. Laundry facility. Can be easily converted back to 18 units motel.
Parking for 60+ cars. 2 car detached garage. Restaurant built in 1960, motel rebuilt in 1990.
Approx 8,000 sf of commercial space. Owners want to retire after 25 years of running successful business.
Motivated sellers, come down to have a look and make an offer ! ...
Property taxes $6,329. Asking price $500,000
See it at ongeorgianbay.ca/listings/035
or
real-estate-ontario.ca/Listing/ViewListingDetails.aspx?ListingID=4129937
NOTE: adjoining properties:
- 22 storage units building on 1.6 acre lot fronting 274 ft on hwy 69,
- 73 treed acres with deeded access 50 ft on French River and 708 ft frontage on hwy 69,
- professional automotive workshop with residential home on 10 acres with 4 acres pond
fronting 708 ft on hwy 69 and 20 ft on French River,
- 6 lots (2-3 acres each) waterfront on French River,
are all for sale. Don`t miss this investment opportunity !
Andrew Sobczak
Broker of Record
On Georgian Bay Real Estate Inc.
Real Estate Brokerage
RR2, PO Box 174, Victoria Harbour, ON L0K 2A0
phone 705 543 1341
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