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. The subject property includes a 4 bedroom apartment adjacent to the main property, enhancing its value, features and convenience, offering even more potential and benefits. 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!
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
Yes
Retail Area:
0 sq. ft. Sq Ft
Depth:
0'0 m
Frontage:
134'2"40.9 m
Lot Shape:
Irregular
Water supply:
Municipal
Zoning:
C1
Heating type:
Gas Hot Water
Garage:
Outside/Surface
Possession Details:
TBD.
HST Applicable To Sale Price:
Call LBO
Type Taxes:
Annual
Taxes:
$18,115.96 /
2024
Assessment:
$- /
-
Orillia
Orillia
Simcoe
No
Rental Water Heater $50.85 monthly. The amount is subject to change.
From all Motel rooms: TV, Fridge, Microwave, Beds, Dresser, Mirror, Night Table, Coffee Maker, Bed Linen, Night Lamps, Hair Dryer, ALL INCLUSIONS CONDITIONS SELL AS IS.
From Living Quarters: No Fridge, Sofa, Dinning Table, No Bed(s) & Bedroom Set(s).
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