SIMONA DE LORENZO
Broker
RE/MAX PREMIER INC. INTERNATIONAL BROKERAGE, Brokerage
Independently owned and operated.
1885 WILSON AVE., TORONTO, Ontario M9M1A2
Cell: 647-622-6693Office: 416-743-2000
$2,995,000
Available - For Sale
Listing ID: X8166504
104888 Highway 7 , Madoc, K0K 2K0, Ontario
| You've Probably Driven by This One! Landmark Motel on Highway 7, Newly Completed Full Renovation with Brand New Plumbing, Electrical and Mechanical for Low Operating Costs. Excellent Cash Flow and Low Vacancy Rate. New Security Camera System. All 12 Units Have Full Kitchens with Brand New Full Fridges, Stoves, and Dishwashers in Each. 14 Private Fire Pits, One for Each Individual Room and New Volleyball Court Out Back. FULLY RENOVATED Private Quarters for Owner/Operator. Close to Town for Shopping and Conveniences. Midway Between Toronto and Ottawa, It's a Welcoming Spot for Travelers, Workers and Sportsmen Alike. Reception Area is Cafe Ready. Room to Expand on 1.9 Acres. Average Daily Traffic Count 3,900 (4,600 Summer/3.300 Winter -2016). Major Hydro Project Starting Nearby in 2026. Additional Potential Income from Billboards. VTB Available at 4.5% to Qualified Buyer. |
| Extras: 3,000 Workers Will Need a Place to Stay! |
| Price | $2,995,000 |
| Taxes: | $8763.76 |
| Tax Type: | Annual |
| Occupancy by: | Vacant |
| Address: | 104888 Highway 7 , Madoc, K0K 2K0, Ontario |
| Postal Code: | K0K 2K0 |
| Province/State: | Ontario |
| Legal Description: | See Remarks |
| Lot Size: | 380.00 x 215.00 (Feet) |
| Directions/Cross Streets: | Highway 7, 5.7 Km W Of Hwy 62 |
| Category: | With Property |
| Use: | Hotel/Motel/Inn |
| Building Percentage: | Y |
| Total Area: | 5356.00 |
| Total Area Code: | Sq Ft |
| Area Influences: | Major Highway |
| Approximatly Age: | 51-99 |
| Financial Statement: | N |
| Chattels: | Y |
| Franchise: | N |
| Days Open: | 7 |
| Hours Open: | 24 |
| Employees #: | 2 |
| Seats: | 0 |
| LLBO: | N |
| Sprinklers: | N |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Sewers: | Septic |
| Water: | Well |
| Water Supply Types: | Drilled Well |
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| RE/MAX HALLMARK EASTERN REALTY |
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SIMONA DE LORENZO
Broker
Dir:
647-622-6693
Bus:
416-743-2000
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Hastings |
| Municipality: | Madoc |
| Lot Size: | 380.00 x 215.00(Feet) |
| Approximate Age: | 51-99 |
| Tax: | $8,763.76 |
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