Hotel / Motel For Sale in Ontario

Artex Club Cottage Resort

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Listing Number:

178870

Status:

Off The Market

Business Type:

Accommodation & Food Services - Hotels & Motels

Location:

Ontario (Algonquin Park)

Price:

1, 650 000

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Unique growing cottage resort business in Algonquin Park, Ontario, Canada. Year round 11 luxury suites create private setting for the sophisticated nature-lovers, 3 hours from Toronto. Corporate events and fascinating activities. Well estblished clientele, 70% of repeating clients from Canada, USA and Europe.
Artex is an Ontario corporation (incorporated July 3, 2002)
- Main fields of activity - recreational, tourist activities, corporate & community events in Algonquin park and Northern Ontario
and centre for the gifted kids
- Property: two waterfront lots (two individual titles) - Locaton - district of Nipissing, Town of South Algonquin - Tourist Development Zone
Huge potencial for the development - No zoning for the construction and development
- The first lodge: 7 B/R, 5 full baths+2 fully equipped kitchens+attached Bistro for 30 seats with a separate kitchen
- The second lodge: 4 B/R+2 full baths+kitchen
- The third lodge (under construction) - waterfront bungalow - 1600 sq. feet
The building is fully finished and needs the interio for 4 B/R with 2 baths and 2 kitchens.

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