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$ 1,800,000
Est. payment | /mo
20 Baths
$ 1,800,000
Est. payment | /mo
20 Baths
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID X12410914
Annual Tax Amount $8,883
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
Well maintained, Renovated and Upgraded, 17 Room Motel with 3 Bedroom, 2 Washroom Owner's Living Quarter, Located right on Trans Canada Hwy 17 in the city of Sault Ste Marie. Just minutes away from all amenities such as Shopping malls, Groceries Stores and Restaurants, Schools, Sault College, Algoma University Campus, Hospitals, Airport, Agawa Canyon Tour Train Location (Famous for Fall Colour). Sault Ste Marie is one of the biggest cities in the Northern Ontario with population over 70,000, connecting to the entire northern Ontario and its located right in the middle of Toronto and Thunder Bay (1.5 Hrs. flight time from either city). Motel is also minutes away from the USA Michigan border. Current owner had spent thousands of dollars in renovation and upgrades, such as, newer furniture, mattresses, appliances, flooring, paint, bathrooms, doors, roof, commercial dryer & washer, hot water tank, water filtration system etc. AND newly built 18 x 20 Garage (spent over $40K for garage only) The current owner has been proudly operating this motel since 2018, now planning to retire. Excellent Google reviews. Serious opportunity for the buyers looking a profitable motel in a bigger city, just move in, enjoy a low costs peaceful life style of Northern Ontario AND start making money from the day one.
Location
Province ON
County Algoma
Area Algoma
Interior
Cooling Yes
Exterior
Community Features Major Highway
Lot Frontage 209.0
Lot Depth 215.0
Others
ParcelsYN No
Listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN