71 Sauble Falls Road,South Bruce Peninsula, ON N0H2G0
South Bruce Peninsula, ON N0H2G0
Description
Discover The Iconic Kit Wat Waterfront Motel, Marina & Restaurant. A Rare Opportunity To Own An Established Landmark In One Of Ontario's Most Beloved Beach Communities. Situated Directly On The Serene Sauble River And Just A Short Walk From The Famous Sandy Shores Of Sauble Beach, This Family-Owned And Operated Property Offers Three Distinct Revenue Streams And An Exceptional Investment Opportunity. The Property Features A 20-Room Motel, Marina With Seasonal Dock Rentals, Former 90-Seat Restaurant, Owner's Residence, Cottage, Two Garages, Laundry Facilities And Office/Coffee Shop. Many Guest Rooms Enjoy Waterfront Views, With Select Rooms Offering Kitchenettes. The Property Offers Potential For Future Winterization With Appropriate Improvements, Creating An Opportunity To Extend Operations Beyond Summer And Develop Into A True Four-Season Destination. Beyond The Busy Summer Months, The Area Attracts Visitors For ATV And Snowmobile Trails, Fishing, Skiing, Foraging, Photography, Hiking And Outdoor Experiences. Imagine Welcoming Guests For A Day On The Water, Breakfast Overlooking The River, An Afternoon At Sauble Beach Or An Evening Relaxing By The River After One Of Lake Huron's Renowned Sunsets. The Sought-After Restaurant Successfully Operated For Over 40 Years, Serving Breakfast, Lunch And Dinner To Visitors And The Local Community. Closed During COVID, It Has Since Been Renovated And Is Ready To Reopen. Significant Capital Improvements Include An Upgraded Water System, Well And Pump, New Tile Bed, New Hot Water Tanks And Extensive Renovations To The Motel Rooms, Owner's Residence, Cottage And More. Nearby Shops, Attractions, Trail Systems And Sauble Falls Provincial Park Add To The Property's Appeal And Four-Season Potential. For The Next Owner, The Kit Wat Legacy Offers More Than An Established Motel And Marina-It Is An Opportunity To Build Upon A Waterfront Property, Reopen A Long-Standing Restaurant And Explore Year-Round Revenue Opportunities. (id:13843)
Details
| MLS # | X13770468 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 50 |
| Listing Provided By | REALTY WEALTH GROUP INC. | LINDA KATHLEEN O'DOHERTY |
Features
| Bath(s) | 26 Total |
|---|---|
| SQ Feet | 9,274 |
| Zoning | C4 - Resort Commercial |
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Baseboard heaters |
| Fireplace Yes / No | No |
Taxes
| Tax Annual Amount | 22028 |
|---|
Area Information
| Province | ON |
|---|---|
| City | South Bruce Peninsula |
| Postal Code | N0H2G0 |
| Listing VS Median (in N0H2G0) | |
Price: $3,369,000 low | high Med: $589,500 sqft: 9,274 low | high Med: 1,100 $ / sqft: $363 low | high Med: $536 On site: 50 low | high Med: 108 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | South Bruce Peninsula |
| Postal Code | N0H2G0 |
| Listing VS Median (in N0H2G0) | |
Price: $3,369,000 low | high Med: $589,500 sqft: 9,274 low | high Med: 1,100 $ / sqft: $363 low | high Med: $536 On site: 50 low | high Med: 108 | |