104888 Highway 7 Madoc, Ontario K0K 2K0
5,356 ft2
Fully Air Conditioned
$2,995,000
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:51013)
Property Details
| MLS® Number | X8166504 |
| Property Type | Business |
| Amenities Near By | Highway |
Building
| Cooling Type | Fully Air Conditioned |
| Size Interior | 5,356 Ft2 |
Land
| Acreage | No |
| Land Amenities | Highway |
| Sewer | Septic System |
| Size Irregular | 380 X 215 Ft |
| Size Total Text | 380 X 215 Ft |
https://www.realtor.ca/real-estate/26658122/104888-highway-7-madoc
Contact Us
Contact us for more information
Tom Hyland
Salesperson
RE/MAX Hallmark Eastern Realty
91 George Street N
Peterborough, Ontario K9J 3G3
91 George Street N
Peterborough, Ontario K9J 3G3
(705) 743-9111
(705) 743-1034
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March 22 2024 07:29:41
Central Lakes Association of REALTORS®
RE/MAX Hallmark Eastern Realty
