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.
Address
35 Main Street N
List Price
$999,000
Property Type
Commercial
Type of Dwelling
Sale Of Business
Area
Timiskaming
Sub-Area
TIM - Outside - Rural
County
Timiskaming
Lot Depth
264
Lot Type
Lot
Lot Size Units
Feet
Lot Width
132
MLS® Number
T10929364
Listing Brokerage
EXP REALTY
Postal Code
P0J 1N0
Tax Amount
$8,973.67
Tax Year
2024
Community Features
Major Highway
Heat Type
Propane Gas
Cooling Features
Yes
Garage Type
Double Detached
Sewer
Sanitary+Storm
