ONMuskokaGravenhurst469 Bethune Drive
469 Bethune Drive
Interior view
Interior view
23
For Sale101 days on Market

469 Bethune Drive

Gravenhurst, ON, P1P 1B8

Community:Muskoka (S)

Asking Price

$1,499,000

Frontage

345 ft.

Lot Depth

370 ft.

Square Foot

3.079 ft.

Lot Area

3.08 Feet

Zoning

Commercial

469 Bethune Drive N, Gravenhurst, P1P 1B8

Property Description

Original Remarks

21 room motel and restaurant for sale in the city of Gravenhurst in Muskoka Area, one of the major tourists' attractions. Just 1.5 hours north of the GTA and close to the Trans Canada Hwy 11 exit. The restaurant & pub has been closed since 2024 (it was on lease before). Most of the rooms have been occupied since long time by the customers living there on monthly basis. The current owner has been managing it remotely as an absentee owner since last 10 years with just one employee on site to take care of the property...... Future Potential: Ideal opportunity for the builder/developer/contractor to utilize this 3.08 acres lot and build a new hotel with the city's approval OR to renovate, remodel the existing motel and run as regular motel operation similar to other hotels and motels in the Muskoka area. This location and the property have indeed great income potential for the new owner operator if it's operated as a regular daily motel operation, currently it's underperforming with No online presence or reservation system in place. NOTE: The seller is retiring and selling the entire property in AS IS condition and the new buyer must assume all people living there in each room on the closing.

PROPERTY HISTORY

469 Bethune Drive

PROPERTY DETAILS

OccupancySale Of Business
Possession TypeFor Sale
Heating TypeBaseboard
WaterMunicipal
Sewers
Retail Area3.079 ft
Ownership Type
Basement
Garage TypeOutside/Surface
Elevator
CommunityMuskoka (S)
Hours Open
CategoryWith Property
LLBO
Days Open
Business / BuildingLot
Employees
Financial Statement
Franchise Seats
Drive Parking Spaces30
Drive Parking Spaces

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