119 MAIN Street Wasaga Beach

119 MAIN Street, Wasaga Beach

$2,499,000

BOOMING BUSINESS with excellent yearly income, even in 2020! Fully renovated, turnkey motel by the beach. 7-8% CAP RATE business year-round. A short 5-minute walk to Beach 1, the main strip. Fully winterized, apartment-style units are ready for daily, weekly, monthly or yearly stays. Units include; kitchenettes (all appliances), dinettes, living spaces, full washrooms and 1,2 or 3 bedrooms. 13 units: 6-one bedroom, 6-two bedroom, 1-three bedroom, with room for expansion! (Architectural drawings available). New windows, doors, flooring and mattresses. On-site office, laundry facilities and parking. Air conditioning and temperature controls in all units. Outdoor amenities include: playground, 4 gazebos, 4 BBQs, 3 campfire pits, picnic tables and kids' toys/bikes. Greater potential for summer-stays with the new Hotelogix booking software. Merged online booking platforms are all linked in real-time (no over-bookings). Motel is being sold with all units furnished, all outdoor equipment and all current booking software (Hotelogix, Booking.com, Airbnb with 4-5 star reviews). Motel with an excellent vacancy rate and many repeat customers. (id:23309)
  • Listing ID: 40043122
  • Property Type: Other
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Details

  • Amenities Nearby: Beach, Golf Nearby, Ski area
  • Features: Golf course/parkland, Beach, Paved driveway
  • Ownership: Freehold
  • Transaction: For sale
  • Zoning Description: DC1H - Downtown Core Mixed Use

Building

  • Appliances: Dryer, Microwave, Refrigerator, Stove, Washer, Window Coverings
  • BasementType: None
  • Cooling: Window air conditioner
  • Exterior Finish: Vinyl siding
  • Fireplace Present: False
  • Fire Protection: Monitored Alarm
  • Flooring: Ceramic, Laminate
  • Foundation: Poured Concrete
  • Heating: Baseboard heaters, Forced air
  • Heating Fuel: Natural gas
  • Stories Total: 1
  • Utility Water: Municipal water

Land

  • Amenities: Beach, Golf Nearby, Ski area
  • Fence: Fenced yard
  • Sewer: Municipal sewage system
  • Size Frontage: 100 ft

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    This property located at 119 MAIN Street was last modified on December 3rd 2020. To schedule a viewing or subscribe to other properties for sale in Wasaga Beach let us connect you with one of our real estate agents.

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