Address
19745 HIGHWAY 6 Highway Georgian Bluffs, ON
Price
$ 994,900
Property Attributes
  • ML#274279
  • TypeSingle Family
  • CityGeorgian Bluffs
  • Postal CodeN1M2W3
  • Style
  • Price$ 994,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.51 Acres
Listing Provided Courtesy Of:
THE REALTY FIRM INC.
Property Description

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:7434)

General Features

Ammenities Recreation
Building Appliances Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
Building Cooling Type Wall unit
Community Features Community Centre
Features Treed, Wooded area, Double width or more driveway, Paved driveway, Crushed stone driveway, Recreational, VisitAble
Fixture Ceiling fans, Drapes/Window coverings
Location Description 5 Kms south of Wiarton on Hwy 6.
Moreinformationlink https://www.realtor.ca/real-estate/22129594/19745-highway-6-highway-georgian-bluffs
Property Type Other
Zoning Description C1

Interior Features

Basement Type None
Building Fireplace Present False
Building Heating Fuel Natural gas
Building Heating Type Baseboard heaters, Forced air, Heat Pump
Flooring Type Carpeted, Ceramic, Laminate

Exterior Features

Exterior Finish Brick, Stone
Fence Type Partially fenced
Land Amenities Recreation
Parkingspacetotal 40
Sewer Septic System

Amenities

  • Views
  • New Construction
  • Adult
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


The listing data displayed is deemed reliable but is not guaranteed accurate by CREA®. Data last updated on September 22, 2020 8:55 AM UTC The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Data last updated on September 22, 2020 8:55 AM UTC The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA®) and identify the quality of services provided by real estate professionals who are members of CREA®

This REALTOR.calisting content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.

Property vs Postal Code Average in N1M2W3

Price
AVG $1.29M
$990K
Visits
AVG 5
11