117 Main Street
Huntsville, P1H 1W8
FOR SALE
$4,200,000

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Investment
CATEGORY20,613 Sq Ft
TOTAL AREAX12147733
MLSIDContact Us
Property Description
36 Room Franchise Motel (Econo Lodge) + Detached House for the Owner located in beautiful scenic town of Huntsville, just 2 hours north of Toronto and one of the busiest and high demand tourist destination in the Muskoka region known for its natural beauty, surrounded by lakes and parks, fall colors that draws many people around the world. Huntsville is the gateway to the famous Algonquin Provincial Park for its fall colors. *** About the property: This 2-story indoor corridor motel was newly built from the scratch by the current owner about 20 years back, Solid construction meeting all latest building and fire codes. Well-designed building, easy to manage in terms of housekeeping, maintenance etc. Year-round profitable operation with the busiest months are summer and fall months. The motel serves continental breakfast to the guests. Great opportunity for the new buyer to live on site in a detached house in a peaceful scenic town, manage and grow the business. Current owner has been successfully managing it for last 20 years, now it's time to move on with his other commitment and future plans.
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Property Details
Address
117 Main Street
Community
City
Postal Code
P1H 1W8
Property Type
Investment, Investment
Use
Accommodation
Zoning
Commercial MU1 - Motel
Lot Size
198' x 117'
Total Area
20,613 Sq Ft
Acreage
26,136.0 Feet
Taxes
$29,760 (2024
Heat Type
Electric Forced Air
Water
Municipal
Garage Type
Outside/Surface
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Listing contracted with Century 21 People`S Choice Realty Inc.
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