8358 Highway 11 - Between Bridges Inn $1,600,000
represents a fabulous investment opportunity. A turn-key hotel in a
beautiful lake-adjacent setting, situated near proposed Gold Mine and
township of Geraldton, ON. A convenient and accessible locale, directly
on the Trans Canada Highway. The newly renovated hotel includes 19
beautiful guest rooms, a full-service licensed restaurant/dining
room/bar. If you are an entrepreneur with a passion for the wilderness
and appreciate an outdoor lifestyle, this pristine area cannot be
surpassed. This could be a great opportunity for a family-owned and run
business to set down roots in a great community.
All amenities for hotel guests and diners cannot be beat locally; high
quality finishes have been used within every aspect of the recent
renovations, which includes more upgrades than can be named.
The 43-acre property has unlimited tourism development potential -
further expansion could include additional accommodation, or other
business ventures to suit your vision. Ongoing business can be catered
to those looking for an authentically Canadian wilderness experience,
and will appeal to all travelers or adventure seekers.
Room rentals for bridge motel/ restaurant: 5 of the
rooms that have been updated rent at $129/ night, 2 at $119/ night, 10
at $109/ night, and 2 at $99/ night and the 5th wheel
camper at $149/ night. 65% of the motel is rented out nightly over the
year. The Restaurant/ dinning room is open 6-7 months out of the year
but a new owner could keep it open all year long. The Seller wants it
sold because of failing health so they are looking at all offers.
Main upgrades include a new heating system (2018), new septic system
(2019), and electronic booking/POS system (2018).
|Total Sq Footage
site laundry facilities
Detached 50x30 ft gas heated garage
Deck with bbqs for guests
service licensed restaurant/bar
all equipment and furnishings to do with hotel are included
|Updates & Extras
updated septic system 2019, electronic book/POS system in 2019,
heated system updated 2018, all guest rooms have updated windows,
carpeting & bathrooms, licensed restaurant & bar