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    For Sale - 469 Bethune Drive, Gravenhurst, Ontario

    Est payment $7,198/mo
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    Time on Jump  1 days

    AI Summary *

    • 21-room motel and restaurant in a popular tourist area.
    • Located just 1.5 hours north of the GTA for easy access.
    • 3.08-acre lot offers development opportunities for new builds.
    • Potential to renovate existing motel for improved performance.
    • Current owner has managed remotely, allowing for new operational ideas.




    21 room motel and restaurant for sale in the city of gravenhurst in muskoka area, one of the major tourists' attractions. Just 1. 5 hours north of the gta and close to the trans canada hwy 11 exit. The restaurant & pub has been closed since 2024 (it was on lease before). Most of the rooms have been occupied since long time by the customers living there on monthly basis. The current owner has been managing it remotely as an absentee owner since last 10 years with just one employee on site to take care of the property...... Future potential: ideal opportunity for the builder/developer/contractor to utilize this 3. 08 acres lot and build a new hotel with the city's approval or to renovate, remodel the existing motel and run as regular motel operation similar to other hotels and motels in the muskoka area. This location and the property have indeed great income potential for the new owner operator if it's operated as a regular daily motel operation, currently it's underperforming with no online presence or reservation system in place. Note: the seller is retiring and selling the entire property in as is condition and the new buyer must assume all people living there in each room on the closing.
    Listing IDX12954940
    Address469 Bethune Drive
    CityGravenhurst, Ontario
    Price$1,499,000
    Bath23 Full
    StyleSale Of Business
    Land Size3.08
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessCommunity Features Major HighwayHeating / Cooling Baseboard

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    Listing Agency:  CENTURY 21 PEOPLE`S CHOICE REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    469 Bethune Drive
    Gravenhurst , Ontario
    23 $1,499,000
    Get more info