29
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$1,050,000
Est. payment /mo
1 SqFt
Active
3 WHITE DRIVE Blind River, ON P0R1B0
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $1,050,000
MLS® Listing ID X12231998
Lot Size 1.482 Acres
Acres 1.482
Source Toronto Regional Real Estate Board
Property Description
ELDO INN - 12 Room Indoor Corridor Motel with 2 BR Apt for the Owner, in the Town of Blind River, which is one of the biggest towns on Hwy 17 between Sudbury and Sault Ste Maire and it's growing with the new projects coming up. Blind River has Hospital, KG to grade 12 Schools, Valu-Mart, Home Hardware, Banks, Fast food Franchisees, Tim-Hortons (24 hrs.), Restaurants, Beach, Marina and all necessary amenities. The property has a direct exposure on Tran Canada Hwy 17 with lot of 1.482 Acres having all municipal services (water, sewer etc.) Great future potential to build additional rooms or to establish any other business on the excess land. Motel has a commercial kitchen (not in use for many years) and sitting area for the Restaurant (potential for the new buyer if willing to start a restaurant business as well) Absentee Owner, an Employee runs the business - great opportunity for the new buyer to be an Owner Operator, grow the business and make more money. Currently it's an easy one-man operation with low operating costs and good profit. Do Not go direct without the confirmed showing appointment. Recently signed contract for U-HAUL DEALERSHIP - Extra INCOME for the New Buyer. Newer ROOF on the house portion and freshly Painted all rooms. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by CENTURY 21 PEOPLE'S CHOICE REALTY INC.