300 SYKES STREET S

Hospitality For Sale in Meaford, Ontario

$1,500,000

Well established Motel business owned and operated by same family since for nearly 50 years. High repeat clientele. Currently operating 8 months a year. Average nightly rental $104.00 per room. Annual Vacancy rate 55 %. 3 bedroom bungalow for owner 1300 Sq Ft. with wood burning fireplace , hot tub. In ground gas heated 18' x 36' pool (upgraded 2009 - 2014) . Motel is 3250 Sq Ft, 11 Units meticulously maintained. Including new roof 2011, windows 2009 - 2017, resealed parking lot, new boiler 2017. Included vintage lighted pile-on sign, 2 hot water heaters, laundry facilities, riding lawn mower, 2 storage sheds fenced compound, concrete shuffle board game. Full list of inclusions available upon request. Each of the motel room have carpet, bar fridge, microwave, flat screen tv's (32"or 42"), several rooms have electric fireplaces, each room has remote controlled wall mounted ductless A/C. Huge potential for family run business and run year round. (id:4069)

Address 300 SYKES STREET S
List Price 1,500,000
Property Type Hospitality
Type of Dwelling Unknown
Area Ontario
Sub-Area Meaford
Bathrooms 13
MLS® Number 213615
Listing Brokerage BRAND REALTY GROUP INC., Brokerage
Postal Code N4L1C7
Site Influences Recreation

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Brand Realty Group

1350 16th St E, Unit E2 Owen Sound Ontario N4K 6N7

Office: 226 909 2725

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