$1,500,000

ID: 213615

300 Sykes Street S, Meaford

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:27494)
Details
GarageNo CarportNo
Attached GarageNo Open ParkingNo
Parking Total20 WaterfrontNo
Construction MaterialsConcrete block,Concrete Walls Frontage Length142 ft
ViewNo
Building
FlooringCarpeted,Ceramic,Hardwood Cooling TypeWall unit
CoolingYes HeatingHot water radiator heat
Heating FuelNatural gas,Natural gas Levels1
PoolNo SewerMunicipal sewage system
Stories1

Rooms