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Hotel/ Motel With Occupancy For Sale

Greater Sudbury, Ontario
Asking Price:
$1,600,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Available on request
Cash Flow:
Available on request

Hotel/ Motel in Greater Sudbury Area.

Potential for 100% occupancy with long term rental as this is the closest building to the Totten and Victoria mines that have just undergone a 1.5 billion dollar upgrade.

Also for selling general goods and food and catering services to renters, nearby community with school and Church and no competition. Surrounded by dozens of lakes. Great for tourists.

Can live on premises for free while establishing.
Unique opportunity for investor, hotel operator, new Canadian immigrants, or family wishing to relocate with a built in income.

Has just completed a multi year, $1,000,000 renovation verified by fire, City and engineering inspections. Has occupancy permit and can rent on day one.
Everything is new!!!

Further information available upon request, please contact seller below for more details.

Property information

Real Estate:

Real Property Included

Living Accommodation:

Fully functional hotel, can live in it with a family while renting out the rooms and making revenue.

Location:

Greater Sudbury

Premises Details:

Closest hotel/motel to the major mines. Has occupancy and is fully booked by the mines. The property has just received over $1000000 in renovations, and now the builders are looking to sell the finished product.

Size in square feet:
239.58 X 180 Feet

Business Operation

Competition / Market:

There are no known competitors.

Reasons for selling:

Builders finished product looking to sell to entrepreneur who will own and run the hotel/motel.

Employees:
None
Years established:
New

Other Information

Support & training:

N/A

Website:
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