469 Bethune Dr N, Gravenhurst

469 Bethune Dr N, Gravenhurst, ON P1P1B8 Photo 1

5 Photos

469 Bethune Dr N, Gravenhurst, ON P1P1B8 Photo 2
469 Bethune Dr N, Gravenhurst, ON P1P1B8 Photo 3
469 Bethune Dr N, Gravenhurst, ON P1P1B8 Photo 4
469 Bethune Dr N, Gravenhurst, ON P1P1B8 Photo 5
  • Bathrooms: 23
  • MLS®: x8218750
  • Type: Commercial
  • Added: 22 days ago

Property Details

21 ROOM MOTEL + 2 APPARTMENTS + RESTAURANT For Sale in the city of Gravenhurst in MUSKOKA AREA, one of the major tourists attracted locations. Restaurant is on lease (current lease is valid for another 2.5 years). This motel runs on long-term customer living there on Weekly or Monthly basis, Currently 100% Occupancy (all 21 Rooms have been occupied since long time). Total 10 Rooms have Kitchen. Current owner has been running it remotely since last 7 years with just one employee on site to take care of the property. This location and the property has indeed huge income potential for the new owner operator if its operated as a regular motel operation. Very low operating costs as just one employee, almost NO housekeeping, minimum supplies, NO online reservations or marketing (meaning property is indeed underperforming and has a great potential to grow) Currently SECURED INCOME from the Motel with almost 100% occupancy + RENT from the Restaurant.

Property Information

  • Cooling: Fully air conditioned
  • Heating: Baseboard heaters
  • Photos Count: 5
  • Water Source: Municipal water
  • Parking Total: 30
  • Street Dir Suffix: North
  • Tax Annual Amount: 9188.44
  • Lot Size Dimensions: 345 x 370 FT
  • Extras: Seller's instructions: Absent Owner, Limited Showings - Only Once a Week, 24 to 48 hours Notice required because all rooms are occupied. Please Do Not Go Direct without showing confirmation. (id:1945)
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Nearby Places

Name Type Address Distance
Lakers Restaurant 435 Bethune Dr N 0.2 km
Pizza Station Restaurant 415 Bethune Dr N 0.3 km
Wine Not Food 365 Bethune Dr N 0.7 km
North Restaurant And Catering Food 530 Muskoka Rd N 0.8 km
Gravenhurst railway station It was a stop for Northlander trains of Ontario No... 1.0 km
Bethune Memorial House Henry Norman Bethune... 1.0 km
The Bakery Bakery 141 Brock 1.1 km
Bethune Memorial House Museum 235 John St N 1.1 km
Pizza Pizza Restaurant 196 Muskoka Rd S 1.2 km
Rombos Family Restaurant Restaurant 290 Muskoka Rd S 1.2 km
Rickshaw Restaurant Restaurant 350 Muskoka Rd S 1.3 km
Gravenhurst, Ontario It is located approximately 15 kilometres (9.3 mi)... 1.4 km
Similar Commercial listings Stat in Gravenhurst
We have found 2 Commercial that closely match the specifications of the property located at 469 Bethune Dr N with distances ranging from 2 to 2 kilometers away. The prices for these similar properties vary between 1,250,000 and 1,250,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Commercial in the P1P1B8 postal code area of Gravenhurst Ontario Canada.

Demographic Information

Neighbourhood Education

Master's degree 10
Bachelor's degree 15
University / Below bachelor level 10
Certificate of Qualification 20
College 90
Degree in medicine 10
University degree at bachelor level or above 20

Neighbourhood Marital Status Stat

Married 165
Widowed 35
Divorced 45
Separated 20
Never married 110
Living common law 70
Married or living common law 235
Not married and not living common law 205

Neighbourhood Construction Date

1961 to 1980 80
1981 to 1990 40
1991 to 2000 10
2001 to 2005 10
2006 to 2010 10
1960 or before 100
Comparison of 469 Bethune Dr N, Gravenhurst, ON with Nearby Commercial listings
Nearby Cities Listings Avg. price
Bracebridge 161 $1.089.673
Muskoka Lakes 73 $1.178.107
Orillia 244 $875.359
Ramara 127 $869.324
Penetanguishene 103 $968.983
Seguin 51 $2.147.774
Severn 125 $981.545
Midland 120 $1.139.477
Popular Cities Listings Avg. price
Barrie 933 $1.039.921
Wasaga Beach 336 $858.755
Innisfil 319 $1.454.578
Kawartha Lakes 502 $942.874
Other 1396 $992.119
Richmond Hill 474 $1.642.841
Oshawa 414 $1.036.066
Whitby 317 $1.213.919
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