22823 HIGHWAY 7 HIGHWAY Active

Tay Valley,ON K0H2B0

$ 499000

- Bed

- Bath

2 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2 sqft

Price per Sqft $249,500

Subdivision 905 - Bathurst/Burgess & Sherbrooke (South Sherbrooke) Twp

MLS Listing ID X12167570

Lot Size 2.276 Acres

Property Description

Incredible Investment Opportunity Across from Stunning Silver Lake with elevated views! Welcome to a rare and unique motel property located on Highway 7 just west of Maberly, directly across from the shimmering waters of Silver Lake, currently charging from $700-$1200 per unit a month, which brings in more than $14,000.00 a month in revenue offering immediate and steady income. The main building hosts a common area with washer/dryer and a full bathroom with shower, 7 units all with own bathrooms, living area and some with kitchenettes. There are 3 self contained cabins all with own bathrooms, kitchenettes, living area and views, while the back 4 cabins have a shared bathroom steps away. Situated in a high-visibility location with easy highway access, the property is steps away from Silver Lake Provincial Park, offering swimming, boating, hiking, and more. A public boat launch is just across the road, perfect for tenants and visitors to enjoy. This is an outdoor enthusiasts paradise and just a quick 10-minute drive to the vibrant village of Sharbot Lake for shopping, dining, and community events. With a solid rental history, beautiful surroundings, and potential for further development or business ventures, this property invites endless possibilities. A scenic, income-producing gem with endless potential (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters

Exterior

Parking Features No

View Y/N No

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