$1,470,000

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Overview

RARE TURNKEY INVESTMENT OPPORTUNITY just 2 minutes from beautiful Ipperwash Beach! This fully renovated luxury Motel/Airbnb/Resort offers the perfect blend of income, lifestyle and future potential on an expansive property near Lake Huron, world-class golf courses, local markets, restaurants and Grand Bend. With an outstanding 85% return guest rate, plus winter tenants, this established business offers excellent year-round income potential. Featuring 7 beautifully renovated suites: one oversized 2-bedroom owner's suite, four spacious 2-bedroom apartments and two 1-bedroom suites, including one wheelchair accessible. Every suite features an efficient Daikin heat pump for heating & A/C, outdoor seating and BBQ. Major improvements include a new roof (2019), and many extensive renovations throughout. The resort-style outdoor oasis is what keeps guests coming back! Enjoy the heated saltwater pool with upgraded automatic vacuum and pump, custom tiki bar with large bar and fridge, outdoor games, expansive deck with gazebo seating, 2 large Bali beds and custom seating for 15+ surrounding the firepit—perfect for gathering and entertaining. Truly turnkey, upgraded programmable door locks can be managed remotely, allowing seamless on-site or off-site operation. Additional features include a very large parking area and spacious utility room. BONUS: Included is a valuable 75' x 200' VACANT RESIDENTIAL LOT, offering exciting future development potential. The PineWood isn't just a motel—it's a DESTINATION EXPERIENCE! Guests return year after year for family vacations, golf getaways, weddings, bachelorette weekends and unforgettable Lake Huron escapes. A rare opportunity to own an established luxury hospitality business in one of Southwestern Ontario's most sought-after beach destinations. (id:67173)

Features

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