Price: $2,998,000

107 Neywash Street, Orillia, ON L3V 1X6

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. The subject property includes a 4 bedroom apartment adjacent to the main property, enhancing its value, features and convenience, offering even more potential and benefits. 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!


Property Overview

Property type

Commercial - Sale Of Business

Building Area

N/A

List Price

$2,998,000

Gross Income

N/A

Annual Taxes

$18,116

Tax year

2024

Business Type

Hotel/Motel/Inn

Years in Business

N/A

Location

Orillia, ON

Status

Active

Franchise

No

Last Updated

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Financial Information

Gross Revenue

Annual revenue

Seller's Discretionary Earnings

Normalized earnings

EBITDA

Operating profit

Financial Verification

All financial information is subject to verification during due diligence. Contact the seller for detailed financial statements and documentation.

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