This business in Vulcan offers 8,213 sqft of building area. Built in 1974.
A well-maintained, one of few motels nestled in the hub of construction sites for solar power, wind turbine and oil related industry. Very good revenue. The average revenue for four years is $370,000. (2025: $481,000, 2024: $379,000, 2023: $291,000, 2021: $320,000. Year end is March.) Larger part of customers stay on monthly or weekly basis for the construction. The 24-key count is an ideal size for easy managing of a first-time motel buyer looking stable revenue with low purchasing budget. 13 rooms are an apartment style, a separate living area with kitchenette and a bedroom. All rooms have its own outside doors for the customer's easy access directly to the rooms. This property includes a spacious two-bedroom residence for owners or managers. There are only two hotels in the town. It is room only and very easy operation. (id:60351)
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Listed by Hyunil Koh, CIR Realty
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Listing represented by Hyunil Koh, CIR Realty · MLS# A2275330
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Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.