$699,000 FOR SALE

Business for Sale

Hotel/Motel/Inn

Lot: 277.83 x 0 ft
2018 Taxes: $4,888.73

127 Front St
Spanish, ON P0P 2A0 | Algoma

Well Maintained, Inside Corridor Motel & Restaurant With Liquor (Llbo Licence). It Has 14 Guest Rooms, 2 Apartments (1 For Owner, One Rented). Located Right On Busy Trans Canada Highway 17, About 1 Hour East Of Sudbury & About 4.5 Hours Form Toronto. Year Round Operation, Easy To Cook Menu For Restaurant, 60 Seat Capacity. Ideal For Family To Own, Stay And Run Both Businesses By Themselves To Make Money.

Extras
Seller Is Willing To Hold Mortgage At Reasonable Down Payment From Buyer. Quick Closing Is Possible.

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Listed By CENTURY 21 PEOPLE`S CHOICE REALTY INC., Brokerage
MLS® Listing Number X4555002
Last Updated Aug 22, 2019
Property Summary
Property Type Business For Sale
Use Hotel/Motel/Inn
Franchise Non-Franchise
Business/Building Name Spanish River Inn
Category With Property
Occupancy Own+Ten
Possession Date 60-90 Days
Taxes (2018) $4,888.73
Tax Type Annual
Directions/Cross Streets Hwy 17 (Front St) & John St
Area Algoma
Price History
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Detailed Information
Freestanding Y
Lot 277.83 x 0 ft
Lot Irregularities Irregular Shape
Air Conditioning Y
Basement N
Chattels Y
Garage Type Outside/Surface
Days Open 7
Hours Open 7-11
LLBO Y
Employees 2
Heat Type Baseboard
Financial Statement Y
Seats 60
Water Well
Lot/Bldg/Unit Code Lot
Zoning Commercial
Seller Property Info Statement N

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