• Mobile: 416-949-2626
  • Office: 416-293-8500
  • Fax: 905-913-8585

$1,050,000
Available - For Sale
Listing ID: X12231998
3 White Driv , Blind River, P0R 1B0, Algoma


ELDO INN - 12 Room Indoor Corridor Motel with 2 BR Apt for the Owner, in the Town of Blind River, which is one of the biggest towns on Hwy 17 between Sudbury and Sault Ste Maire and it's growing with the new projects coming up. Blind River has Hospital, KG to grade 12 Schools, Valu-Mart, Home Hardware, Banks, Fast food Franchisees, Tim-Hortons (24 hrs.), Restaurants, Beach, Marina and all necessary amenities. The property has a direct exposure on Tran Canada Hwy 17 with lot of 1.482 Acres having all municipal services (water, sewer etc.) Great future potential to build additional rooms or to establish any other business on the excess land. Motel has a commercial kitchen (not in use for many years) and sitting area for the Restaurant (potential for the new buyer if willing to start a restaurant business as well) Absentee Owner, an Employee runs the business - great opportunity for the new buyer to be an Owner Operator, grow the business and make more money. Currently it's an easy one-man operation with low operating costs and good profit. Do Not go direct without the confirmed showing appointment.
Price $1,050,000
Taxes: $19800.00
Tax Type: Annual
Assessment Year: 2024
Occupancy: Owner
Address: 3 White Driv , Blind River, P0R 1B0, Algoma
Postal Code: P0R 1B0
Province/State: Algoma
Directions/Cross Streets: Causley St (Hwy 17) & Industrial Pk Rd
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: With Property
Use: Hotel/Motel/Inn
Building Percentage: T
Total Area: 1.48
Total Area Code:  Acres
Retail Area Code: %
Business/Building Name: Auberge ELDO INN
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 9AM TO
Employees #: 1
Seats: 0
Washrooms: 0
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Personal Picture
Wally Islam
Real Estate Broker
Dir:
416-949-2626
Bus:
416-293-8500
Fax:
905-913-8585
 
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At a Glance:
Type: Com - Sale Of Business
Area: Algoma
Municipality: Blind River
Neighbourhood: Dufferin Grove
Style:
Lot Size: x 146.44(Feet)
Approximate Age:
Tax: $19,800
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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