21 room motel and restaurant for sale in the city of Gravenhurst in Muskoka Area, one of the major tourists' attractions. Just 1.5 hours north of the GTA and close to the Trans Canada Hwy 11 exit. The restaurant & pub has been closed since 2024 (it was on lease before). Most of the rooms have been occupied since long time by the customers living there on monthly basis. The current owner has been managing it remotely as an absentee owner since last 10 years with just one employee on site to take care of the property...... Future Potential: Ideal opportunity for the builder/developer/contractor to utilize this 3.08 acres lot and build a new hotel with the city's approval OR to renovate, remodel the existing motel and run as regular motel operation similar to other hotels and motels in the Muskoka area. This location and the property have indeed great income potential for the new owner operator if it's operated as a regular daily motel operation, currently it's underperforming with No online presence or reservation system in place. NOTE: The seller is retiring and selling the entire property in AS IS condition and the new buyer must assume all people living there in each room on the closing.
Address
469 Bethune Drive N
List Price
$1,499,000
MLS® Status
New
Expiration Date
2026-12-31
Property Type
Commercial
Type of Dwelling
Sale Of Business
Transaction Type
Sale
Area
Gravenhurst
Sub-Area
Muskoka (S)
Region
Muskoka
Bathrooms
23
Lot Size Source
GeoWarehouse
Lot Depth
370
Lot Type
Lot
Lot Size Units
Feet
Lot Width
345
Parcel Number
481830058
Total Building Area
3.079
Occupant Type
Owner+Tenant
Cross Street
Bethune Dr N & Winewood Ave E
MLS® Number
X12954940
Listing Brokerage
CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Basement
No
Postal Code
P1P 1B8
Posession Details
30-60 days
Parking Spaces
30
Tax Amount
$9,564.66
Tax Year
2025
Site Influences
Major Highway
Community Features
Major Highway
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Baseboard
Cooling Features
Yes
Garage Type
Outside/Surface
Business Name
Star Motel, Gravenhurst