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.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
Yes
Retail Area:
650 sq. ft. Sq Ft
Depth:
264'80.5 m
Frontage:
132'40.2 m
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Propane Gas
Garage:
Double Detached
Parking Spaces:
25
Trailer Parking Spots:
4
Possession Details:
TBA/Flexible
HST Applicable To Sale Price:
No
Type Taxes:
Annual
Taxes:
$8,973.67 /
2024
Assessment:
$- /
-
Timiskaming
TIM - Outside - Rural
Timiskaming
Major Highway
All Motel rooms include: TV, Fridge, Microwave, Beds, Dresser, Mirror, Night Table, Coffee Maker, Bed Linen, Night Lamps. All Electric Light Fixtures, chattels, furniture, security, cameras, AC. ALL INCLUSIONS IN AS IS CONDITION.
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