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119 Main Street Wasaga Beach, Ontario L9Z 2K9

5547
Window Air Conditioner Baseboard Heaters, Forced Air

$2,499,000

BOOMING BUSINESS with excellent yearly income, even in 2020! Fully renovated, turnkey motel by the beach. 7-8% CAP RATE business year-round. A short 5-minute walk to Beach 1, the main strip. Fully winterized, apartment-style units are ready for daily, weekly, monthly or yearly stays. Units include; kitchenettes (all appliances), dinettes, living spaces, full washrooms and 1,2 or 3 bedrooms. 13 units: 6-one bedroom, 6-two bedroom, 1-three bedroom, with room for expansion! (Architectural drawings available). New windows, doors, flooring and mattresses. On-site office, laundry facilities and parking. Air conditioning and temperature controls in all units. Outdoor amenities include: playground, 4 gazebos, 4 BBQs, 3 campfire pits, picnic tables and kids' toys/bikes. Greater potential for summer-stays with the new Hotelogix booking software. Merged online booking platforms are all linked in real-time (no over-bookings). Motel is being sold with all units furnished, all outdoor equipment and all current booking software (Hotelogix, Booking.com, Airbnb with 4-5 star reviews). Motel with an excellent vacancy rate and many repeat customers. (id:24910)

Property Details

MLS® Number 40043122
Property Type Other
Amenities Near By Beach, Golf Nearby, Ski Area
Features Golf Course/parkland, Beach, Paved Driveway

Building

Appliances Dryer, Microwave, Refrigerator, Stove, Washer, Window Coverings
Basement Type None
Cooling Type Window Air Conditioner
Exterior Finish Vinyl Siding
Fire Protection Monitored Alarm
Fireplace Present No
Flooring Type Ceramic, Laminate
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Baseboard Heaters, Forced Air
Stories Total 1
Size Interior 5547
Utility Water Municipal Water

Land

Acreage No
Fence Type Fenced Yard
Land Amenities Beach, Golf Nearby, Ski Area
Sewer Municipal Sewage System
Size Frontage 100 Ft
Zoning Description Dc1h - Downtown Core Mixed Use

https://www.realtor.ca/real-estate/22581392/119-main-street-wasaga-beach

Interested?

Contact us for more information


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Hoai Q. Nguyen
Salesperson

(519) 649-1888

Peak Professionals Realty Inc.
931 Oxford Street East
London, Ontario N5Y 3K1

(519) 649-1888
www.peakprofessionals.ca

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