3 White Drive
Blind River, P0R 1B0
FOR SALE
$1,050,000
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Sale Of Business
CATEGORY 434.28 x 146.44
LOT SIZE X12231998
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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. Recently signed contract for U-HAUL DEALERSHIP - Extra INCOME for the New Buyer. Newer ROOF on the house portion and freshly Painted all rooms.
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Property Details
Address
3 White Drive
City
Postal Code
P0R 1B0
Property Type
Sale Of Business, Sale Of Business
Days On Market
70
Use
With Property
Zoning
Commercial, C2-A (Motel)
Lot Size
434' x 146'
Acreage
1.5 Feet
Taxes
$19,800 (2025
Heat Type
Electric Forced Air
Water
Municipal
Garage Type
Outside/Surface
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Listing contracted with Century 21 People`S Choice Realty Inc.
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