MLS®: 213615 Status: For sale

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$1,500,000
Location:

300 Sykes Street S, Meaford Ontario, N4L1C7

300 Sykes Street S, Meaford Ontario
Description:
Well established Motel business owned and operated by same family since for nearly 50 years. High repeat clientele. Currently operating 8 months a year. Average nightly rental $104.00 per room. Annual Vacancy rate 55 %. 3 bedroom bungalow for owner 1300 Sq Ft. with wood burning fireplace , hot tub. In ground gas heated 18' x 36' pool (upgraded 2009 - 2014) . Motel is 3250 Sq Ft, 11 Units meticulously maintained. Including new roof 2011, windows 2009 - 2017, resealed parking lot, new boiler 2017. Included vintage lighted pile-on sign, 2 hot water heaters, laundry facilities, riding lawn mower, 2 storage sheds fenced compound, concrete shuffle board game. Full list of inclusions available upon request. Each of the motel room have carpet, bar fridge, microwave, flat screen tv's (32"or 42"), several rooms have electric fireplaces, each room has remote controlled wall mounted ductless A/C. Huge potential for family run business and run year round. (id:2471)
Property:
Type: Hospitality
Acreage: 1/2 - 1 acre
Sewer: Municipal sewage system
Structure:
Style: Unknown
Bathrooms: 13
Heating: Hot water radiator heat
Heating Type: Natural gas
Cooling Type: Wall unit
Exterior: Aluminum siding, Concrete, Vinyl siding
Flooring: Carpeted, Ceramic, Hardwood
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300 Sykes Street S, Meaford Ontario

Twin City Realty Inc. Brokerage* - Cambridge

Alicia Boland
Sales Representative/Consultant

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Telephone:
519-740-3690

Cellular:
519-573-6562


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Listing Office: BRAND REALTY GROUP INC., Brokerage

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