If you’re looking for a rare business opportunity with a proven track record, then feast your sights on the Adams Motel, located on the Trans Canada Highway and in one of Sault Ste. Marie’s most sought after business areas. This 29-room motel offers a lucrative investment venture and boasts a main living quarter that features 2 bedrooms and 2 baths on the main floor and a full basement with one bath and a space for a third bedroom on the lower level. The motel also has a 2-plus car garage, a spacious laundry and storage area and office space to greet guests. This place has so much potential, not to mention a proven track record as it has been home to the current owners for 28 years and has afforded them an excellent standard of living. A new owner/investor can make a good living running it as a motel or expanding it into whatever they want as the potential is limitless: high rise condos, commercial/office space, franchise restaurant, gift shops and so much more. In the world of real estate, they say location is everything and this purchase is all about location, location, location. The motel, on 130-foot frontage and 1.5 acres of land, is located just across the street from so many amenities, including Home Depot, Wal Mart, Best Buy, the Sault Area Hospital and an abundance of some of the Sault’s most popular restaurants. Each room is designed for guest comfort, with modern amenities such as quality beds, TVs, Internet and private bathrooms. Purchase comes with all beds motel-related equipment/chattels, including a commercial washing machine and two commercial dryers. Rooms are clean and cozy with TVs and Internet access and the motel has a long history of positive feedback. This well-maintained and thriving motel offers a perfect blend of comfort and convenience, so don’t let this business opportunity pass you by. (id:47423)
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Detailed Information
Communication Type
High Speed Internet
Community Features
Bus Route
Features
Office space
Listing Contract Date
2024-05-09
Location Description
Near the corner of Great Norther Road and Terrance Avenue
Municipal ID
315610047
Property Type
Business
Storage
Outside Storage
Transaction Type
For sale
Business
Business Type
Accommodation
Business Subtype
Hotel/motel
Building
Age
over 26 years
Amenities
Living Accommodation, Street Lighting
Basement Type
Full
Exterior Finish
Aluminum siding, Brick, Vinyl
Foundation Type
Poured Concrete
Heating Fuel
Electric
Heating Type
Baseboard heaters
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Other
Surfaced
Parking Space(s)
40
Utilities
Type
Description
Cable
Available
Electricity
Available
Natural Gas
Available
Telephone
Available
Land
Total Size
1.49 acres
Access Type
Road access
Acreage
Yes
Sewer
Municipal sewage system
Size of Irregular Land
1.49
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