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$ 1,995,000
Est. payment /mo
Active
647 Great Northern RD Sault Ste. Marie, ON P6B5A1
10,895 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 10,895 sqft
Price per Sqft $183
Subdivision Sault Ste. Marie
MLS® Listing ID SM243075
Originating Board Sault Ste. Marie Real Estate Board
Lot Size 1.490 Acres
Acres 64904.4
Property Description
If you're looking for a rare business opportunity with a proven track record, then feast your sights on the Adams Motel, located on the Trans Canada Highway and in one of Sault Ste. Marie's most sought after business areas. This 29-room motel offers a lucrative investment venture and boasts a main living quarter that features 2 bedrooms and 2 baths on the main floor and a full basement with one bath and a space for a third bedroom on the lower level. The motel also has a 2-plus car garage, a spacious laundry and storage area and office space to greet guests. This place has so much potential, not to mention a proven track record as it has been home to the current owners for 28 years and has afforded them an excellent standard of living. A new owner/investor can make a good living running it as a motel or expanding it into whatever they want as the potential is limitless: high rise condos, commercial/office space, franchise restaurant, gift shops and so much more. In the world of real estate, they say location is everything and this purchase is all about location, location, location. The motel, on 130-foot frontage and 1.5 acres of land, is located just across the street from so many amenities, including Home Depot, Wal Mart, Best Buy, the Sault Area Hospital and an abundance of some of the Sault's most popular restaurants. Each room is designed for guest comfort, with modern amenities such as quality beds, TVs, Internet and private bathrooms. Purchase comes with all beds motel-related equipment/chattels, including a commercial washing machine and two commercial dryers. Rooms are clean and cozy with TVs and Internet access and the motel has a long history of positive feedback. This well-maintained and thriving motel offers a perfect blend of comfort and convenience, so don't let this business opportunity pass you by. (id:24570)
Location
Province ON
Interior
Heating Baseboard heaters,
Exterior
Parking Features No
Community Features Bus Route
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Listed by Century 21 Choice Realty Inc.