36 Room Franchise Motel (Econo Lodge) + Detached House for the Owner located in beautiful scenic town of Huntsville, just 2 hours north of Toronto and one of the busiest and high demand tourist destination in the Muskoka region known for its natural beauty, surrounded by lakes and parks, fall colors that draws many people around the world. Huntsville is the gateway to the famous Algonquin Provincial Park for its fall colors. *** About the property: This 2-story indoor corridor motel was newly built from the scratch by the current owner about 20 years back, Solid construction meeting all latest building and fire codes. Well-designed building, easy to manage in terms of housekeeping, maintenance etc. Year-round profitable operation with the busiest months are summer and fall months. The motel serves continental breakfast to the guests. Great opportunity for the new buyer to live on site in a detached house in a peaceful scenic town, manage and grow the business. Current owner has been successfully managing it for last 20 years, now it's time to move on with his other commitment and future plans.
Address
117 Main Street W
List Price
$4,200,000
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
sale
Area
Huntsville
Sub-Area
Chaffey
Region
Muskoka
Lot Size Source
MPAC
Lot Depth
117
Lot Shape
Irregular
Lot Type
Lot
Lot Size Units
Feet
Lot Width
198
MLS® Number
X12147733
Listing Brokerage
CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Postal Code
P1H 1W8
Tax Amount
$29,760.00
Tax Year
2024
Heat Type
Electric Forced Air
Cooling Features
Yes
Garage Type
Outside/Surface