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25 rooms motel 2000' on North Channel of Lake Huron, in Gore Bay on Manitoulin Island on 20 acres.
Date & Time Listed: 2017-05-19 15:18:53 (GMT)
25 rooms motel with living quarters, restaurant, conference room,
laundry room and 8 cabins (cabins are in need of repair).
Located in Gore Bay on Manitoulin Island on 20 acres.
Fronting 2000' on North Channel of Lake Huron.
VTB mortgage available with 25% down.
5 separately deeded parcels, 4 of them waterfront.
It was appraised in 2013 at $1,725,000.
Zoned general commercial C2 and shore residential SR.
Currently not operating, it’s power of sale.
Property taxes $16k. Asking price $1,350,000
Andrew Sobczak , broker of record
On Georgian Bay Real Estate Inc
real estate brokerage
705 543 1341 cell
5431341 at gmail.com
ALSO FOR SALE:
1.4 acres building lot with sandy beach and rocks within 18,000 acres provincial park 295' on North Channel of Lake Huron
world class sailing on mainland but can be accessed by water or air only due to the fact that it is surrounded by 18,000 acres of provincial park which is not open to public and therefore there are no roads or trails backing into quartz covered mountains
hunting is allowed in the park according to MNR ...
included are : 1973 Alcan Seavilla 300, 30` house cruiser aluminum V-hull 2 Volvo Penta 185 hp gasoline engines survey $30k value which you can use as floating cottage and
2014 custom built 12` hovercraft, 3 seats, 16.5 hp lift and 31 hp thrust new 4 strokes motors to get you there over water or thin ice.
VTB mortgage possibility with large downpayment
OPEN FOR TRADE FOR REAL ESTATE ...
Number of Bedrooms: 15+
Number of Bathrooms: 15+
Price: 1,350,000.00 CAD
waterfront, motel, hotel, cottages, lake huron, manitoulin island, investment, power of sale
For more details about this listing please click here to access the webpage provided by listing owner.
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