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CAONSpanish127 Front St
127 Front St, Home with 0 bedrooms, 18 bathrooms and null parking in Spanish ON | Image 1
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$1,200,000

127 Front St, Spanish, ON

Real Estate

For Sale

$--,---,---
0180
  • Key Facts
  • Description
  • Map

Key Facts

Type Investment
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $11,196
Days Active 52
Approx. Age 
MLS® Number X12098586

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

16 Room Indoor Corridor Motel, Spent thousands of dollars on recent Renovations and Upgrades. Year-round profitable business and easy ONE-MAN operation, very comfortable to manage and maintain in the winter months due to the indoor corridor. The motel is located (about 30 min from Espanola, 1 hour west of Sudbury and 5 hours north of Toronto) Right on Trans Canada Hwy 17 in the Spanish town with NO other motels in the town, No competition. The Snow Mobile Trail located right at the back of the motel. Great customer base, mainly Workers and Staff from the different companies/industries and tourist in the summer and fall months. Motel has a good demand for Weekly & Monthly occupancy, in fact good to have some long-term guests staying in the winter months to pay off the bills. The Motel has an in-house Restaurant and Bar (however restaurant and bar had NOT been in operation for many years - extra income potential for the right buyer if runs the restaurant and bar), It has an additional Entertainment/Party area as well (possibilities of adding more rooms or an apartment). Absentee Owner, this business is an ideal opportunity for the Owner Operator to enjoy a semi-retired and less expensive northern Ontario's lifestyle, work limited hours and still make very good NET INCOME in the pocket after paying off mortgage and all operating costs. Total Lot Size: about 2.08 Acres. Property has Municipal Water and Sewer (No Septic or Well)Show Description
MLS® NumberX12098586
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBaseboard
A/CYes
Heating Fuel

Extras

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