1515 Trunk Road, Sault Ste Marie | Image 1

1515 Trunk Road

Sault Ste Marie

  • Commercial

$1,800,000
For Sale

Added 3 weeks ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Hotel/Motel/Inn

  • Zoning: Commercial - Mot

  • Age: No Data

  • Taxes: 8400

  • MLS®#: X8214206

  • Days on Site: 22 Days

  • Added: Apr 08, 2024 (3 weeks ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: CENTURY 21 PEOPLE`S CHOICE REALTY INC.

Very well maintained, Renovated and Upgraded, 17 ROOM MOTEL with 3 Bedroom, 2 Washroom Owner's Living Quarter For Sale, Located right on Trans Canada Hwy 17 in the city of Sault Ste Marie. Minutes away from all amenities such as Shopping Malls, Indian and Canadian Groceries and Restaurants, Schools, Sault College, Algoma University Campus, Hospitals, Airport, Agawa Canyon Tour Train Location (Famous for Fall Colour Train Tour) also minutes away from the Motel. Sault Ste Marie is one of the biggest city in the Northern Ontario with population over 70,000, connecting to the entire northern Ontario and its located right in the middle of Toronto and Thunder Bay (1.5 Hrs flight time from either city OR 8 hours drive time with a beautiful scenic views). + minutes away from the USA Michigan border. Current owner has spent thousand of dollars in renovation and upgrades, such as, newer furniture, mattresses, appliances, flooring, paint, bathrooms, doors, portion of roof, commercial dryer & washer, hot water tank, water filtration system etc. AND recently built a brand new 18 x 20 Garage (spent over $40K for garage only) and many more. Excellent Google reviews. SERIOUS BUYERS must take fast action and grab the huge profit of upcoming summer and fall months.

Extras

It's a really very well kept and great profitable owner operated motel. Ideal opportunity for the new family to move in, enjoy a low costs peaceful life style of Northern Ontario AND start making money from the day one.

Property

  • Status: Sale

  • Type: Hotel/Motel/Inn

  • Property Type: Sale Of Business

  • Property Type: With Property

  • Area: Sault Ste Marie

  • Availability Date: 30-90 days

Inside

  • Bathrooms: 20

  • Air Conditioning: Y

  • Washrooms: 20

Building

  • Basement: N

  • Heat Type: Baseboard

  • Outside Storage: Y

  • Water Supply: Well

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 18

Fees

  • Tax Year: 2023

  • Taxes: $8,400

  • Taxes Type: Annual

Land

  • Cross Street: Trunk Rd (Hwy 17) &

  • Municipality District: Sault Ste Marie

  • Parcel Number: 314830011

  • Sewer: Septic

  • Lot Depth: 215 Feet

  • Lot Frontage: 209 Feet

  • Zoning: Commercial - Mot

Commercial Specific

  • Number of Employees: 2

  • Retail Area Metric: Sq Ft

  • Total Area: 0.94

  • Total Area Metric: Acres

  • Hours Open: 9 Am -

  • Area Influence: Major Highway

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Business/Building Name: Pine Grove Motel

  • Financial Statement: Y

  • LLBO: N

7-8

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