3 White Drive, Blind River, ON P0R 1B0

Blind River P0R 1B0 Ontario

MLS: X12231998

$1,050,000

Added 12 days ago | For Sale

Listed by: CENTURY 21 PEOPLE`S CHOICE REALTY INC.

About Property

ELDO INN - 12 Room Indoor Corridor Motel with 2 BR Apt for the Owner, in the Town of Blind River, which is one of the biggest towns on Hwy 17 between Sudbury and Sault Ste Maire and it's growing with the new projects coming up. Blind River has Hospital, KG to grade 12 Schools, Valu-Mart, Home Hardware, Banks, Fast food Franchisees, Tim-Hortons (24 hrs.), Restaurants, Beach, Marina and all necessary amenities. The property has a direct exposure on Tran Canada Hwy 17 with lot of 1.482 Acres having all municipal services (water, sewer etc.) Great future potential to build additional rooms or to establish any other business on the excess land. Motel has a commercial kitchen (not in use for many years) and sitting area for the Restaurant (potential for the new buyer if willing to start a restaurant business as well) Absentee Owner, an Employee runs the business - great opportunity for the new buyer to be an Owner Operator, grow the business and make more money. Currently it's an easy one-man operation with low operating costs and good profit. Do Not go direct without the confirmed showing appointment. Recently signed contract for U-HAUL DEALERSHIP - Extra INCOME for the New Buyer. Newer ROOF on the house portion and freshly Painted all rooms.

Features

  • House Style:Sale Of Business
  • Bathrooms:
  • Land Size: 434.28 X 146.44
  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
  • Heating Fuel:
  • Cross Street:Causley St (Hwy 17) & Industrial Pk Rd
  • Basement: ,
  • Possession Date:30-60 days
  • Annual Property taxes: $19800
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Electric Forced Air
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12231998

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