18 Bathroom
0.98 ac
Fully Air Conditioned
Baseboard Heaters
$4,200,000
The Strong Cash Flow and Land Banking Opportunity You Been Looking For. 19 Units Motel On Almost an Acre of Land. 9 2 Storey Townhouse Like Units. 14 Units Have Full Kitchen, New Drive Way & Parkings. Panoramic View of Lake Simcoe, Over 90% Occupancy, Stable Longer Term Guests, Minimum Turnover and Management. Proposed Keswick Secondary Plan Allows Commercial Uses Up To 8 Storey High. Value-Add Opportunities by Renovating the Remaining Units or Building New Units. Owner Willing To Stay On and Help With Transition. (id:39551)
Business
BusinessType
|
Accommodation |
BusinessSubType
|
Motel |
Property Details
MLS® Number
|
N8310100 |
Property Type
|
Business |
Community Name
|
Historic Lakeshore Communities |
Building
BathroomTotal
|
18 |
CoolingType
|
Fully Air Conditioned |
HeatingType
|
Baseboard Heaters |
SizeInterior
|
0.98 Ac |
UtilityWater
|
Municipal Water |
Land
Acreage
|
No |
SizeDepth
|
268 Ft ,2 In |
SizeFrontage
|
175 Ft |
SizeIrregular
|
Bldg=175.07 X 268.17 Ft ; Irregular |
SizeTotalText
|
Bldg=175.07 X 268.17 Ft ; Irregular |
ZoningDescription
|
Tourist Commercial |
https://www.realtor.ca/real-estate/26852899/15-lake-drive-n-georgina-historic-lakeshore-communities-historic-lakeshore-communities