22823 Highway 7 Highway, Maberly, Ontario K0H 2B0 (25384705)


22823 Highway 7 Highway Maberly, Ontario K0H 2B0



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:37611)


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



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



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