295 Sable Street, Sables-Spanish Rivers, ON Image 1

$1,490,000

Investment For Sale
MLS - #X12269839
9 hours ago- By RIGHT AT HOME REALTY

295 Sable Street, Sables-Spanish Rivers, ON P0P 1P0

Bed
Bath
6800 Sqft.
Other Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

6800 Sqft

About 295 Sable Street

Discover the Massey Motel - your cozy Northern Investment in the charming town of Massey along the Trans-Canada Highway 17 West. This newly updated welcoming motel that is just steps from Chutes Provincial Park features 16 thoughtfully renovated rooms, each privately accessible with direct parking. Modernized in July 2024, featuring fresh exterior paint, new signage, upgraded bathrooms, flooring, drywall and more. Property is attached to a large family home with 3 bedrooms, 2 bathrooms and large lower family space to allow for an opportunity to live and work on-site. Great Investment Potential whether you're an experienced hospitality operator, an investor seeking passive income, or a family looking to run a lifestyle business in Northern Ontario, this property offers flexibility, visibility, and value. This property has a great reputation in the area with a well-established brand to be highly respected within the local community. Prime Location with excellent highway exposure located directly off Highway 17 (Trans-Canada Hwy) with high visibility and prime location for stopover between Sudbury and Sault Ste. Marie. Turnkey Operation: Continue as a motel, convert to long-term rentals, or local workers' housing. Same Owner since 2004. This property has been well-loved and maintained by the same family for over 20 years.

Home Overview

Last updated

9 hours ago

Virtual tour

None

Basement information

Building size

6800

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:Yes
Heating:Baseboard
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
149000000.0%
Higher than average

Price Comparison

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Location

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Walk Score for 295 Sable Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

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