469 Bethune DR N, Gravenhurst, ON P1P 1B8
469 Bethune DR N, Gravenhurst, ON P1P 1B8
469 Bethune DR N, Gravenhurst, ON P1P 1B8
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Tyler Verheul

Tyler Verheul

+1(613) 797-0208
$1,499,000
Est. payment /mo
23 Baths
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UPDATED:

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Subdivision Muskoka (S)

MLS Listing ID X12954940

Annual Tax Amount $9,564

Tax Year 2025

Property Sub-Type Sale Of Business

Property Description

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.

Location

Province ON

County Muskoka

Area Muskoka

Zoning Commercial

Interior

Cooling Yes

Inclusions All chattels and fixtures belonging to the seller in AS IS condition.

Exterior

Parking Features Outside/Surface

Community Features Major Highway

Utilities Available Available

Building

Lot Description Lot

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Lited by CENTURY 21 PEOPLE`S CHOICE REALTY INC.

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Tyler Verheul

More buyers are choosing LPT Realty for one simple reason — results. With a focus on personalized service, expert guidance, and a modern approach to real estate, we make every step of the process smooth, smart, and stress-free. Discover what sets us apart.

+1(613) 797-0208

tyler@tylervproperties.ca

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469 Bethune DR N

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