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Home ON Central Manitoulin
5216 HWY 551, PROVIDENCE BAY
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5216 HWY 551, PROVIDENCE BAY $799,000
3 days ago
$799,000
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5216 HWY 551, PROVIDENCE BAY
Central Manitoulin, Ontario P0P1T0

MLS® Number: X12246003
14
Bathrooms

Listing Description

Price to Sell - Huron Sands Motel and Restaurant, A beautiful and well-maintained property in MANITOULIN ISLAND, a world's largest freshwater island and a well known tourist destination in Northern Ontario. The property consists of 10 Motel Room + 2 Additional Room (for Staff) + 2 Bedroom Owner's Apartment + One fully furnished Trailer + Restaurant + Huge Storage Area. It's situated on about 1.926 Acres of land and just minutes away from the beautiful Providence Bay Beach and 1.5 hrs. from Espanola, 2 hrs. from Sudbury and 20 min to South Baymouth Ferry Terminal (Ferry to Tobermory). Motel and Restaurant both businesses are making excellent profit, YEAR-ROUND OPERATION. Motel has a Canada Post office paying Monthly Rent. Motel also has an Electric Vehicle Chargers. Many many upgrades and renovations have been done in the past few years. Great investment opportunity OR ideal for the buyer family to move in and run both profitable businesses. (40768502)

Location Description

Hwy 551 (Muchmor St) and Eliza Jane St

Property Summary

Property Type
Business
Land Size
1.926 ac
Annual Property Taxes
$7,130
Time on REALTOR.ca
3 days

Building

Bathrooms
Total
14
Building Features
Features
Irregular lot size
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Baseboard heaters
Utilities
Utility Sewer
Septic System
Business
Business Name
Huron Sands Motel and Restaurant
Business Type
Accommodation (Motel)

Measurements

Square Footage
2 ac

Land

Lot Features
Frontage
254 ft
Land Depth
263 ft
Other Property Information
Zoning Description
Commercial - Motel & Restaurant
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
NIRAJ PANCHOLI