$1,800,000 FOR SALE

Business for Sale

Hotel/Motel/Inn

Lot: 209 x 215 ftTotal Area: 0.94 acres
2023 Taxes: $8,400

1515 Trunk Rd
Sault Ste Marie, ON P6A 6X9 | Algoma

Very well maintained, Renovated and Upgraded, 17 ROOM MOTEL with 3 Bedroom, 2 Washroom Owner's Living Quarter For Sale, Located right on Trans Canada Hwy 17 in the city of Sault Ste Marie. Minutes away from all amenities such as Shopping Malls, Indian and Canadian Groceries and Restaurants, Schools, Sault College, Algoma University Campus, Hospitals, Airport, Agawa Canyon Tour Train Location (Famous for Fall Colour Train Tour) also minutes away from the Motel. Sault Ste Marie is one of the biggest city in the Northern Ontario with population over 70,000, connecting to the entire northern Ontario and its located right in the middle of Toronto and Thunder Bay (1.5 Hrs flight time from either city OR 8 hours drive time with a beautiful scenic views). + minutes away from the USA Michigan border. Current owner has spent thousand of dollars in renovation and upgrades, such as, newer furniture, mattresses, appliances, flooring, paint, bathrooms, doors, portion of roof, commercial dryer & washer, hot water tank, water filtration system etc. AND recently built a brand new 18 x 20 Garage (spent over $40K for garage only) and many more. Excellent Google reviews. SERIOUS BUYERS must take fast action and grab the huge profit of upcoming summer and fall months.

Extras
It's a really very well kept and great profitable owner operated motel. Ideal opportunity for the new family to move in, enjoy a low costs peaceful life style of Northern Ontario AND start making money from the day one.

Share

Listed By CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8214206
Last Updated Apr 30, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Hotel/Motel/Inn
Franchise Non-Franchise
Business/Building Name Pine Grove Motel
Category With Property
PIN 314830011
Occupancy Owner
Possession Date 30-90 days
Taxes (2023) $8,400
Tax Type Annual
Directions/Cross Streets Trunk Rd (Hwy 17) & Fournier Rd
Area Algoma
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Bathrooms 20
Lot 209 x 215 ft
Total Area 0.94 acres
Air Conditioning Y
Basement N
Chattels Y
Garage Type Outside/Surface
Parking Spaces 18
Days Open 7
Hours Open 9 Am -
LLBO N
Employees 2
Heat Type Baseboard
Financial Statement Y
Outside Storage Y
Area Influences Major Highway
Sewers Septic
Water Well
Lot/Bldg/Unit Code Lot
Zoning Commercial - Motel
Seller Property Info Statement N

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.