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Last Updated : 1216 Days ago
1547 Trunk Rd, Sault Ste Marie, Ontario,

1547 Trunk Rd, Sault Ste Marie MLS Number: X6057029

Sault Ste Marie, Algoma, ON, P6A 6X9

$1,999,000

Status: OFF MARKET

  • Property Type: Commercial (Investment)
  • Property Taxes : $8000.00 (Tax Year:2022)
  • Listing Courtesy : Royal Lepage Grand Realty, Brokerage

1547 Trunk Rd Property Description

A Fully operational motel offers a strong foundation, boasting 34 well-appointed rooms. Additionally, it features a spacious live-in quarter, complete with a large kitchen and two bathrooms. Conveniently situated at the entrance to Sault Ste Marie along the bustling Trans-Canada Highway, this property has witnessed significant enhancements. Whether you seek short-term or long-term accommodations, this motel provides excellent cash flow and an exceptional capitalization rate, making it a rare and valuable find. Furthermore, it offers the flexibility to be easily converted into a franchise establishment. Notably, out of the 34 rooms, 18 are one-bedroom units, 16 are two-bedroom units, and 17 of them are equipped with kitchenettes, catering to the diverse needs of guests.

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1547 Trunk Rd Property Facts

Property Type :Commercial
MLS Number :X6057029
Listing Type :Sale
Possession Date :
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Last Updated :18 Jul, 2023 (1216 Days ago)
Source :TRREB
Area :Algoma
Postal Code : P6A 6X9
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1547 Trunk Rd Property Price & Tax Insights

Price : $1,999,000
Property Taxes :$8000.00
Tax Year :2022

1547 Trunk Rd, Sault Ste Marie Property Details

Cross Street :Highway 17 East
Fireplace/Stove :No

1547 Trunk Rd, Sault Ste Marie - Price History

2023-05

01 May, 2023

TREB #X6057029

Available

$1999000.0

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