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$699,900
Available - For Sale
Listing ID: X13117534
Welcome to the Pine Grove Motel, a fantastic turn-key investment opportunity right in the heart of Northbrook. Sitting on just over an acre, this well-established property offers incredible potential for investors, entrepreneurs, or anyone dreaming of stepping into the hospitality business. The motel currently features 6 rental units, with an additional storage building, with laundry full laundry facility on one side, offering the exciting possibility to be converted into a 7th unit for added income potential. Laundry facility includes washer and dryer for motel linens and towels. Also included is a small on-site store, creating even more opportunity to expand services and revenue streams. The owner's residence is conveniently onsite and thoughtfully laid out, featuring a spacious kitchen, dining room, comfortable living room, 2 bedrooms, a 4 pc bathroom, and direct access to the motel office, making day-to-day operations both practical and efficient. With excellent visibility, a prime in-town location, and endless possibilities for future growth, this unique property is ready for its next chapter. Whether you are looking to expand your investment portfolio or start a new business venture, the Pine Grove Motel offers the perfect combination of lifestyle and opportunity. Showings by appointment only. Please do not drop by and speak with the sellers as this is their busiest season.
Price $699,900
Taxes: $3,087.98
Tax Type: Annual
Monthly Condo Fee: $0
Occupancy by: Owner+T
Address: 12335 & Hwy 41 N/A , Addington Highlands, K0H 2G0, Lennox & Addingt
Postal Code: K0H 2G0
Province/State: Lennox & Addingt
Legal Description: PT LT 27 CON 8 KALADAR PT 6 29R713; ADDI
Directions/Cross Streets: Tall Pine Road/ Highway 41
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: With Property
Use: Hotel/Motel/Inn
Total Area: 0
Office/Appartment Area: 80
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 24/7
Employees #: 2
Seats: 0
Maintenance: 0
Expenses Actual/Estimated: $Est
Sprinklers: No
Heat Type: Baseboard
Central Air Conditioning: No
Sewers: Septic
Water: Dug Well
Water Supply Types: Dug Well
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
MCCAFFREY REALTY INC., BROKERAGE

12335 & Hwy 41 N/A , Addington Highlands, K0H 2G0, Lennox & Addingt

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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Type: Com - Sale Of Business
Area: Lennox & Addington
Municipality: Addington Highlands
Neighbourhood: 62 - Addington Highlands
Style:
Lot Size: x 332.96(Feet)
Approximate Age:
Tax: $3,087.98
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908