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$ 1,490,000
Est. payment /mo
Active
295 Sable ST Sables-spanish Rivers, ON P0P 1P0
6,800 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 6,800 sqft
Price per Sqft $219
MLS Listing ID X12269839
Annual Tax Amount $9,289
Tax Year 2024
Property Sub-Type Investment
Property Description
Discover the Massey Motel - your cozy Northern Investment in the charming town of Massey along the Trans-Canada Highway 17 West. This newly updated welcoming motel that is just steps from Chutes Provincial Park features 16 thoughtfully renovated rooms, each privately accessible with direct parking. Modernized in July 2024, featuring fresh exterior paint, new signage, upgraded bathrooms, flooring, drywall and more. Property is attached to a large family home with 3 bedrooms, 1 bathroom and large lower family space to allow for an opportunity to live and work on-site. Great Investment Potential whether you're an experienced hospitality operator, an investor seeking passive income, or a family looking to run a lifestyle business in Northern Ontario, this property offers flexibility, visibility, and value. This property has a great reputation in the area with a well-established brand to be highly respected within the local community. Prime Location with excellent highway exposure located directly off Highway 17 (Trans-Canada Hwy) with high visibility and prime location for stopover between Sudbury and Sault Ste. Marie. Turnkey Operation: Continue as a motel, convert to long-term rentals, or local workers' housing. Same Owner since 2004. This property has been well-loved and maintained by the same family for over 20 years.
Location
Province ON
County Sudbury
Area Sudbury
Interior
Cooling Yes
Exterior
Community Features Major Highway
Utilities Available Yes
Lot Frontage 158.6
Lot Depth 158.6
Listed by RIGHT AT HOME REALTY
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