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107 Neywash Street Orillia, Ontario L3V 1X6

Fully Air Conditioned Hot Water Radiator Heat

$3,200,000

Discover the possibilities with this charming investment motel, ideally situated near the stunning shores of Lake Couchiching, Couchiching Beach Park, and the vibrant downtown Orillia community. Boasting 16 well-maintained rooms, this property offers steady income potential with significant potential opportunities for land and development expansion. Nestled in a rapidly growing economy, Orillia is a thriving destination known for its bustling shops, cafes, and year-round attractions. With its prime location, this motel caters to tourists, business travelers, and visitors seeking convenient access to the areas natural beauty and amenities. Whether you're looking to expand, redevelop, or continue operating as is, this investment opportunity offers endless potential in a flourishing community. Don't miss the chance to make your mark in this sought-after location! (id:53086)

Business

Business Type Accommodation
Business Sub Type Motel

Property Details

MLS® Number S10441125
Property Type Business
Community Name Orillia
Features Irregular Lot Size

Building

Appliances Dryer, Microwave, Refrigerator
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat
Utility Water Municipal Water

Land

Acreage No
Size Frontage 134 Ft ,1 In
Size Irregular Bldg=134.16 Ft
Size Total Text Bldg=134.16 Ft
Zoning Description C1

https://www.realtor.ca/real-estate/27674774/107-neywash-street-orillia-orillia