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$ 3,200,000
Est. payment | /mo
$ 3,200,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Orillia
MLS Listing ID S10441125
Annual Tax Amount $18,115
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
Discover the possibilities with this charming investment motel, ideally situated near the stunning shores of Lake Couchiching, Couchiching Beach Park, and the vibrant downtown Orillia community. Boasting 16 well-maintained rooms, this property offers steady income potential with significant potential opportunities for land and development expansion. Nestled in a rapidly growing economy, Orillia is a thriving destination known for its bustling shops, cafes, and year-round attractions. With its prime location, this motel caters to tourists, business travelers, and visitors seeking convenient access to the areas natural beauty and amenities. Whether you're looking to expand, redevelop, or continue operating as is, this investment opportunity offers endless potential in a flourishing community. Don't miss the chance to make your mark in this sought-after location!
Location
Province ON
County Simcoe
Community Orillia
Area Simcoe
Interior
Cooling Yes
Exterior
Utilities Available Yes
Others
Security Features No
Listed by RIGHT AT HOME REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "