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19745 Highway 6 Highway Georgian Bluffs, Ontario N1M 2W3

Wall Unit Baseboard Heaters, Forced Air, Heat Pump Acreage

$994,900

Tremendous INCOME Opportunity! Shenstone Motel on 2.51 acres off a busy-travelled tourist highway, situated at the Gateway to the Bruce Peninsula. Highway 6, the only route to Tobermory and 1.25 hrs away, known for the grotto & much more. Surrounded by Georgian Bay & Lake Huron, close to Wiarton, Owen Sound and SAUBLE BEACH. This is a HUGE opportunity that is enjoyed by many tourists year round. The motel is 15 units, restaurant & a 2 bedroom attached owners quarters/apt. Completely renovated with new floors, shades, new windows, resurfaced driveway to name a few (since 2017). Fully staffed and operational year-round business. 30 mins from Sauble beach. Come winter, Grey & Bruce County boast well-maintained snowmobile trails, going right behind the motel. Plenty of adventures for the nature enthusiast here. Welcome home to this great INVESTMENT and income opportunity. Currently 8%-10% CAP RATE with potential of 12%+ if operated all year round. Call Listing agent for more information. (id:24910)

Property Details

MLS® Number 274279
Property Type Other
Amenities Near By Airport, Playground, Shopping
Communication Type High Speed Internet
Community Features High Traffic Area, Community Centre
Features Treed, Wooded Area, Double Width Or More Driveway, Paved Driveway, Crushed Stone Driveway, Recreational, Visitable
Parking Space Total 40

Building

Appliances Central Vacuum, Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer, Window Coverings
Basement Type None
Cooling Type Wall Unit
Exterior Finish Brick, Stone
Fireplace Present No
Fixture Ceiling Fans, Drapes/window Coverings
Flooring Type Carpeted, Ceramic, Laminate
Heating Fuel Natural Gas
Heating Type Baseboard Heaters, Forced Air, Heat Pump
Utility Water Drilled Well, Well

Parking

Detached Garage
Gravel
Visitor Parking

Land

Access Type Road Access, Highway Access, Highway Nearby
Acreage Yes
Fence Type Partially Fenced
Land Amenities Airport, Playground, Shopping
Sewer Septic System
Size Depth 327 Ft
Size Frontage 320 Ft
Size Irregular 2.506
Size Total 2.506 Ac|2 - 4.99 Acres
Size Total Text 2.506 Ac|2 - 4.99 Acres
Zoning Description C1

Utilities

DSL* Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/22129594/19745-highway-6-highway-georgian-bluffs

Interested?

Contact us for more information


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Rahim Charania
Salesperson

(519) 601-1160
(519) 601-1167
www.rahimcharania.com

The Realty Firm Inc.
11b-395 Wellington Road South
London, Ontario N6C 5Z6

(519) 601-1160
(519) 601-1167
www.therealtyfirm.ca

Mark Maynes
Salesperson

(226) 700-5190
(519) 601-1167

The Realty Firm Inc.
11b-395 Wellington Road South
London, Ontario N6C 5Z6

(519) 601-1160
(519) 601-1167
www.therealtyfirm.ca

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