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X5324105
$2,500,000

12 Bayfield St (Bridge/Bayfield)

Price: $2,500,000

Status: Sale Pending 

MLS®#: X5324105

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$2,500,000
  • Tax: $10,000/Annual (2021)
  • Community:Meaford
  • City:Meaford
  • Type:Commercial
  • Style:Investment
  • Size: 2,000 Sq Ft
  • Basement:Y

Features:

  • HeatingBaseboard
  • Sewer/Water SystemsSan+Storm, Municipal

Listing Contracted With: ROYAL LEPAGE FLOWER CITY REALTY, BROKERAGE

Description

Operating As A Restaurant/Bar/Motel Overlooking The Bighead River At Meaford Harbour And Georgian Bay. The Licensed Restaurant Has Been Operating Since 1982 And Has 85 Seats Including A Patio Overlooking The River. Paved Parking For 25 Cars. The Motel Consists Of Four Separate Buildings Including A Three Bedroom Home. Restaurant/Bar Option Operated By Tenant And Lease Agreement Till Dec 31 2025.Total Monthly Rental Income From The Property Is Approx $15000.


Highlights

Rental Agreements For The Restaurant, Cabins And House Available.Utilities For Restaurant,Cabin Number 7,Cabin Number 8 And House Are Paid By Tenants.Cabin No 1 To Cabin No 6 Owner Pays Utilities Approx $600 Per Month.Prop Ins $3500 Annualy

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Sumit Chopra

Broker, SRES®

Royal LePage Flower City Realty

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