3 White Drive, Blind River, Ontario P0R 1B0 (28492562)

$1,050,000

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. (id:59911)

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