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$1,100,000
Available - For Sale
Listing ID: X13613086
Turnkey 12-Room Motel with Owner's Residence - Excellent Investment Opportunity Fantastic opportunity to own a well-maintained 12-room motel located in the heart of a vibrantcity approximately 4 hours north of Toronto. This established business offers excellent visibility, easy access, and a loyal customer base from tourists, business travellers, andseasonal visitors. The property features 12 comfortable guest rooms along with a spacious 3-bedroom owner's apartment, making it ideal for owner-operators seeking both a profitable business and on-site living. Conveniently situated close to major amenities, restaurants, shopping, and local attractions, this motel benefits from year-round demand. Laundry available on site A great opportunity for first-time hospitality operators or experienced investors looking to expand their portfolio.
Price $1,100,000
Taxes: $11,449.93
Tax Type: Annual
Occupancy by: Owner+T
Address: 175 FRONT Street , West Nipissing, P2B 2J1, Nipissing
Postal Code: P2B 2J1
Province/State: Nipissing
Legal Description: PCL 18931 SEC NIP; PT FRONT ST PL M115 S
Directions/Cross Streets: TRANS CANADA HWY & COURSOL RD
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Category: Multi-Use
Building Percentage: T
Total Area: .2
Total Area Code:  Acres
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Employees #: 1
Maintenance: 0
Sprinklers: No
Heat Type: Baseboard
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
REALTY WEALTH GROUP INC.

175 FRONT Street , West Nipissing, P2B 2J1, Nipissing

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

 
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Type: Com - Commercial Retail
Area: Nipissing
Municipality: West Nipissing
Neighbourhood: Sturgeon Falls
Style:
Lot Size: x 65.85(Feet)
Approximate Age:
Tax: $11,449.93
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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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