$1,995,000
FOR SALE

Business for Sale

Hotel/Motel/Inn

647 Great Northern Rd
Sault Ste. Marie, ON P6B 5A1

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:47421)
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Listed By Century 21 Choice Realty Inc.
Data Provided By Sault Ste. Marie Real Estate Board
MLS® Listing Number SM241042
Last Updated Sep 26, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Hotel/Motel/Inn
Franchise Non-Franchise
Community Sault Ste. Marie
Price History

Interested in obtaining the full price history for this property?
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Detailed Information
Communication Type High Speed Internet
Community Features Bus Route
Features Office space
Listing Contract Date 2024-05-09
Location Description Near the corner of Great Norther Road and Terrance Avenue
Municipal ID 315610047
Property Type Business
Storage Outside Storage
Transaction Type For sale
Business
Business Type Accommodation
Business Subtype Hotel/motel
Building
Age over 26 years
Amenities Living Accommodation, Street Lighting
Basement Type Full
Exterior Finish Aluminum siding, Brick, Vinyl
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Baseboard heaters
Utility Water Municipal water
Parking Spaces
Name Spaces
Other
Surfaced
Parking Space(s)40
Utilities
Type Description
CableAvailable
ElectricityAvailable
Natural GasAvailable
TelephoneAvailable
Land
Total Size 1.49 acres
Access Type Road access
Acreage Yes
Sewer Municipal sewage system
Size of Irregular Land 1.49

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