198 Ontario Street, Burk's Falls | Image 1

198 Ontario Street

Burk's Falls

  • Commercial

$799,900
For Sale

Added 4 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Hotel/Motel/Inn

  • Zoning: Commercial

  • Age: 100+ years

  • Taxes: 10000

  • MLS®#: X7374264

  • Days on Site: 96 Days

  • Added: Jan 01, 2024 (4 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: BEST ADVICE REALTY INC.

Great Investment Property In Downtown Burk's Falls. 45 Mins N Of Gravenhurst Or S Of Northbay. About 22,000 Sft Of Commercial Mixed-Use Property. Operate Huge Pub W/Patio & Outdoor Space For Events, From W/O Bsmt. Gr Flr Retail Space Could Be Renovated Or Turn It Around Into **13 Hotel Suites. The 2nd & 3rd Flr Awaits Finishing **10 Appartment Units (**conceptual drawings available). Basement Pub Is Currently Leased. Build The Hotel & Apartments The Town Needs

Extras

W/O Basement Restaurant/Pub With Existing Lease. Existing Furnace Etc. Huge Potential To Develop into hotel and renovate the main floor into multiple retail units to rent. Existing Conceptual Drawings Can Be Provided.

Property

  • Status: Sale

  • Type: Hotel/Motel/Inn

  • Property Type: Investment

  • Property Type: Accommodation

  • Age: 100+

  • Area: Burk's Falls

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Green Verification Status: N

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: Legal Desc: Lt 5 W/S Copeland *(Remarks For Broker

  • Taxes: $10,000

  • Taxes Type: Annual

Land

  • Cross Street: Hwy 11 To Ontario St

  • Municipality District: Burk's Falls

  • Lot Depth: 237.29 Feet

  • Lot Frontage: 128.5 Feet

  • Zoning: Commercial

Commercial Specific

  • Shipping Doors Truck Level: 1

  • Retail Area: 5400

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 22000

  • Total Area Metric: Sq Ft

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Lot Code: Lot

  • Survey: N

Map of 198 Ontario Street, Burk's Falls
5-8

Land of Lakes Senior Public School

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 161 Main Street, Burk's Falls | MLS: X8056614
For Sale
2 months ago
$XXX,XXX
  • — bath
  • — bed

161 Main Street, Burk's Falls, Ontario • P0A 1C0 • Burk's Falls