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$3,200,000
Available - For Sale
Listing ID: S10441125
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: $18,115.96
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.
Zoning: C1
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
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RIGHT AT HOME REALTY

107 Neywash St , Orillia, L3V 1X6, Ontario

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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Type: Com - Sale Of Business
Area: Simcoe
Municipality: Orillia
Neighbourhood: Orillia
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Lot Size: 134.16 x 0.00(Feet)
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Tax: $18,115.96
Maintenance Fee: $0
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949