300 SYKES STREET S Meaford

300 SYKES STREET S, Meaford

$1,500,000

  • 13
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:23309)
  • Listing ID: 213615
  • Property Type: Hospitality
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Details

  • Amenities Nearby: Recreation
  • Ownership: Freehold
  • Parking Spaces: 20
  • Transaction: For sale
  • Zoning Description: C1

Building

  • Constructed Material: Concrete block, Concrete Walls
  • Cooling: Wall unit
  • Exterior Finish: Aluminum siding, Concrete, Vinyl siding
  • Fireplace Present: False
  • Fire Protection: Smoke Detectors
  • Fixture: Drapes/Window coverings
  • Flooring: Carpeted, Ceramic, Hardwood
  • Bathrooms (Total): 13
  • Heating: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Stories Total: 1
  • Type: Unknown

Land

  • Amenities: Recreation
  • Sewer: Municipal sewage system
  • Size Depth: 224 ft
  • Size Frontage: 142 ft

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Listing provided by BRAND REALTY GROUP INC., Brokerage
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This property located at 300 SYKES STREET S was last modified on August 9th 2019. To schedule a viewing or subscribe to other properties for sale in Meaford let us connect you with one of our Meaford real estate agents.

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