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$999,000
Est. payment /mo
Price Dropped by $176K
35 Main ST N Timiskaming, ON P0J 1N0
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Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Tim - Outside - Rural
MLS Listing ID T10929364
Annual Tax Amount $8,973
Tax Year 2024
Property Sub-Type Sale Of Business
Lot Depth 264.0
Lot Front 132.0
Property Description
Featuring a motel situated in a location like no other. Located in the heart of fishing, hunting and year round tourism. This prime location fronting on highway 11 comes with multiple business expansion opportunities. Excellent opportunity for a buyer looking to improve or expand an existing business. The motel features 18 rooms with 2 separate apartments(2 bedrooms & 3 Bedrooms) one of which can be an owners suite. Daily room rents range from $100 to $145/night. 2 min walk to Bay Lake which offers a great fishing experience, children's play area & BBQ pits close by. Area offers year round activities like fishing, hunting and snowmobile trail in the area which generates year round business. The Motel is about 1.5 km from Burns Hiking Trail and 10 min drive from Town of Cobalt known for its silver mines featuring various summer attractions. Timiskaming Nordic Ski Club is 10 km away. **EXTRAS** Existing cafe can be converted to a restaurant. Extra Lot behind the motel included in the purchase price and can be used to expand the motel or create additional amenities for the motel.
Location
Province ON
County Timiskaming
Community Tim - Outside - Rural
Area Timiskaming
Interior
Cooling Yes
Exterior
Community Features Major Highway
Utilities Available Yes
Lot Frontage 132.0
Lot Depth 264.0
Others
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Listed by EXP REALTY
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