REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,050,000
Est. payment | /mo
1 SqFt
$ 1,050,000
Est. payment | /mo
1 SqFt
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $1,050,000
MLS Listing ID X12231998
Annual Tax Amount $19,800
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
ELDO INN - 12 Room Indoor Corridor Motel with 2 BR Apt for the Owner, in the Town of Blind River, which is one of the biggest towns on Hwy 17 between Sudbury and Sault Ste Maire and it's growing with the new projects coming up. Blind River has Hospital, KG to grade 12 Schools, Valu-Mart, Home Hardware, Banks, Fast food Franchisees, Tim-Hortons (24 hrs.), Restaurants, Beach, Marina and all necessary amenities. The property has a direct exposure on Tran Canada Hwy 17 with lot of 1.482 Acres having all municipal services (water, sewer etc.) Great future potential to build additional rooms or to establish any other business on the excess land. Motel has a commercial kitchen (not in use for many years) and sitting area for the Restaurant (potential for the new buyer if willing to start a restaurant business as well) Absentee Owner, an Employee runs the business - great opportunity for the new buyer to be an Owner Operator, grow the business and make more money. Currently it's an easy one-man operation with low operating costs and good profit. Do Not go direct without the confirmed showing appointment.
Location
Province ON
County Algoma
Area Algoma
Zoning Commercial, C2-A (Motel)
Interior
Cooling Yes
Inclusions A list of chattels and equipment included in the price will be provided during the conditional period of the accepted offer.
Exterior
Parking Features Outside/Surface
Building
Lot Description Lot
Lited by CENTURY 21 PEOPLE`S CHOICE REALTY INC.
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