22823 Highway 7 Highway Maberly, Ontario K0H 2B0
$650,000
A unique opportunity in prime location across the highway from Silver Lake. This high traffic with elevated views of the lake will get you dreaming of the possibilities. Formerly ran as a fully licensed restaurant and motel with living quarters is now being used as Silver Lake Motel, a fully rented motel with monthly rates and has 18 units that rent from $600 to $1000 a month, current gross income of $13,000 a month. The main building has 7 units all with own bathrooms, kitchenettes and living area, there are 3 self contained cabins all with own bathrooms, kitchenettes, living area and views, while the back 4 cabins are split into 8 units with shared bathroom steps away for a total of 18 units on this spectacular property. These units rent monthly with no vacancies ever. The main common area houses a pool table, pinball machine, washer and dryers and also a full bathroom with shower. The view and location will get you dreaming of the huge potential. (id:49712)
Business
| Business Type | Accommodation, Other |
| Business Sub Type | Motel, Other |
| Name | Silver Lake Motel |
Property Details
| MLS® Number | 1333911 |
| Property Type | Business |
| Neigbourhood | Maberly Silver Lake |
| Parking Space Total | 20 |
Building
Land
| Acreage | Yes |
| Size Frontage | 351 Ft |
| Size Irregular | 1.8 |
| Size Total | 1.8 Ac |
| Size Total Text | 1.8 Ac |
| Zoning Description | Commercial/res |
https://www.realtor.ca/real-estate/25384705/22823-highway-7-highway-maberly-maberly-silver-lake
2733 Lancaster Road, Unit 121
Ottawa, Ontario K1B 0A9
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June 07 2023 02:12:10
Ottawa Real Estate Board
Century 21 Synergy Realty Inc
