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$ 3,369,000
Est. payment | /mo
26 Baths
9,274 SqFt
$ 3,369,000
Est. payment | /mo
26 Baths
9,274 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 9,274 sqft
Price per Sqft $363
Subdivision South Bruce Peninsula
MLS Listing ID X13770468
Annual Tax Amount $22,028
Tax Year 2025
Property Sub-Type Commercial Retail
Property 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.
Location
Province ON
County Bruce
Area Bruce
Interior
Cooling Yes
Exterior
Community Features Recreation/Community Centre
Utilities Available Yes
Lot Frontage 162.37
Lot Depth 227.8
Others
Security Features No
ParcelsYN No
Virtual Tour https://youtube.com/shorts/a9Pysoz7Ujg
Listed by REALTY WEALTH GROUP INC.
Nearby Locations
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