$2,499,000 FOR SALE

Business for Sale

Hotel/Motel/Inn

Lot: 198 x 264 ftTotal Area: 51,850 ft2
2018 Taxes: $15,494.42

7362 Highway 6
Northern Bruce Peninsula, ON N0H 2R0 | Bruce

Turn Key Business!! Business Being Sold With Property. Very Successful Motel In Highly Sought After Tobermory. With A Cap Rate Of Over 10%, This Business Continues To Grow Every Year Since It Opened In 2005. With The National Parks Attracting Over A Quarter Of A Million Visitors Every Year, It's Not Hard To See How The Vacancy Rates Remain At 0 Throughout The Entire Season. Call For More Information.

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Co-Listed With Justin Handley

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Listed By ROYAL LEPAGE ROYAL CITY REALTY LTD., Brokerage
MLS® Listing Number X4337842
Last Updated Jan 15, 2019
Property Summary
Property Type Business For Sale
Use Hotel/Motel/Inn
Franchise Non-Franchise
Category With Property
Legal Description See Brokerage Remarks
Occupancy Owner
Possession Date Tbd
Taxes (2018) $15,494.42
Tax Type Annual
Assessment (2019) $850,750
Directions/Cross Streets 1Km N Of Dunks Bay Rd
Area Bruce
Price History
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Detailed Information
Lot 198 x 264 ft
Total Area 51,850 ft2
Air Conditioning Y
Basement N
Chattels Y
Garage Type Other
Hours Open Varies
LLBO N
Employees 3
Heat Type Elec Forced Air
Financial Statement Y
Seats 18
Water Well
Lot/Bldg/Unit Code Building
Zoning Commercial
Seller Property Info Statement N

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