Ball Real Estate Inc
Jayne Porter

Jayne Porter

Sales Representative
Cell: 416-435-2005
Office: 705-660-2255
MLS®: X8166504 Status: For sale

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$2,995,000
Location:

104888 Highway 7, Madoc Ontario, K0K2K0

104888 Highway 7, Madoc Ontario
Description:
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:2471)
Property:
Type: Business
Lot Dimensions: 380 x 215 FTAcreage: 380 x 215 FT
Sewer: Septic System
Structure:
Square Footage: 5356 sqft
Cooling Type: Fully air conditioned
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104888 Highway 7, Madoc Ontario

Ball Real Estate Inc. Brokerage - Norwood

Jayne Porter
Sales Representative

Email Me

Telephone:
705-660-2255

Cellular:
416-435-2005


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Listing Office: RE/MAX HALLMARK EASTERN REALTY

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