104888 HIGHWAY 7

Madoc, Ontario

104888 HIGHWAY 7, Madoc, Ontario, K0K2K0
Property TypeBusiness Building Area5356 square feet

You've Probably Driven by This One! Landmark Motel on Highway 7, Newly Completed Full Renovation with Brand New Plumbing, Electrical and Mechanical for Low Operating Costs. Excellent Cash Flow and Low Vacancy Rate. New Security Camera System. All 12 Units Have Full Kitchens with Brand New Full Fridges, Stoves, and Dishwashers in Each. 14 Private Fire Pits, One for Each Individual Room and New Volleyball Court Out Back. FULLY RENOVATED Private Quarters for Owner/Operator. Close to Town for Shopping and Conveniences. Midway Between Toronto and Ottawa, It's a Welcoming Spot for Travelers, Workers and Sportsmen Alike. Reception Area is Cafe Ready. Room to Expand on 1.9 Acres. Average Daily Traffic Count 3,900 (4,600 Summer/3.300 Winter -2016). Major Hydro Project Starting Nearby in 2026. Additional Potential Income from Billboards. VTB Available at 4.5% to Qualified Buyer. **** EXTRAS **** 3,000 Workers Will Need a Place to Stay! (id:46866)


Details
Amenities NearbyHighway TransactionFor sale
Building
CoolingFully air conditioned Size Interior5356 sqft
Land
AmenitiesHighway SewerSeptic System
Size Irregular380 x 215 FT

Listing Office: RE/MAX HALLMARK EASTERN REALTY

Data Provided by Central Lakes Association of REALTORS®

Last Modified :02/04/2024 10:10:14 PM

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