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647 Great Northern RD, SAULT STE. MARIE
2024-05-09
Quick Summary
- Location
- 647 Great Northern RD, SAULT STE. MARIE, Ontario P6B5A1
- Price
- $1,995,000
- Status:
- For Sale
- Property Type:
- Business
- Area:
- 10895ft2
MLS®#SM241042
Property Description
If you’re looking for a rare business opportunity with a proven track record, then feast your sights on the Adams Motel, located on the Trans Canada Highway and in one of Sault Ste. Marie’s most sought after business areas. This 29-room motel offers a lucrative investment venture and boasts a main living quarter that features 2 bedrooms and 2 baths on the main floor and a full basement with one bath and a space for a third bedroom on the lower level. The motel also has a 2-plus car garage, a spacious laundry and storage area and office space to greet guests. This place has so much potential, not to mention a proven track record as it has been home to the current owners for 28 years and has afforded them an excellent standard of living. A new owner/investor can make a good living running it as a motel or expanding it into whatever they want as the potential is limitless: high rise condos, commercial/office space, franchise restaurant, gift shops and so much more. In the world of real estate, they say location is everything and this purchase is all about location, location, location. The motel, on 130-foot frontage and 1.5 acres of land, is located just across the street from so many amenities, including Home Depot, Wal Mart, Best Buy, the Sault Area Hospital and an abundance of some of the Sault’s most popular restaurants. Each room is designed for guest comfort, with modern amenities such as quality beds, TVs, Internet and private bathrooms. Purchase comes with all beds motel-related equipment/chattels, including a commercial washing machine and two commercial dryers. Rooms are clean and cozy with TVs and Internet access and the motel has a long history of positive feedback. This well-maintained and thriving motel offers a perfect blend of comfort and convenience, so don’t let this business opportunity pass you by. (id:32467)
Property Features
Building
- Amenities: Living Accommodation, Street Lighting
- Basement Type: Full
- Exterior Finish: Aluminum siding, Brick, Vinyl
- Fireplace: No
- Interior Size: 10895 sqft
- Utility Water: Municipal water
Features
- Feature: Office space
Land
- Land Size: 1.49 ac|1 - 3 acres
- Sewer: Municipal sewage system
Storage Type
- Storage Type: Outside Storage
Information entered by Century 21 Choice Realty Inc.
Listing information last updated on: 2024-09-26 11:40:31
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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