Fully Air Conditioned
Baseboard Heaters
$879,000
Positioned in a high-visibility, high-traffic corridor along Highway 11, this well-established motel offers a rare investment opportunity in a thriving four-season tourism destination. The property features 18 guest rooms with strong daily rental potential ranging from $100 to $145 per night. In addition, there are two self-contained apartments (one 2-bedroom and one 3-bedroom), ideal for owner occupancy, staff housing, or additional rental income streams.Located just a short 2-minute walk from Bay Lake, guests can enjoy excellent fishing, a family-friendly play area, and convenient BBQ facilities-making this a highly desirable stop for travelers and outdoor enthusiasts alike.Surrounded by year-round attractions, the area draws consistent traffic from fishing, hunting, and snowmobiling enthusiasts. Nearby highlights include Burns Hiking Trail just 1.5 km away, the historic town of Cobalt-famous for its silver mining heritage and summer tourism-only a 10-minute drive, and Timiskaming Nordic Ski Club just 10 km away.This property also presents significant upside potential. The existing café space offers an excellent opportunity for conversion into a restaurant, and the included additional lot behind the motel provides ample room for expansion-whether adding more rooms, recreational amenities, or other revenue-generating features.An ideal opportunity for investors or owner-operators looking to enhance and grow an already well-located hospitality business in a vibrant, tourism-driven region. (id:50976)
Business
|
Business Type
|
Accommodation |
|
Business Sub Type
|
Motel |
Property Details
|
MLS® Number
|
T12921330 |
|
Property Type
|
Business |
|
Community Name
|
TIM - Outside - Rural |
|
Amenities Near By
|
Highway |
|
Parking Space Total
|
25 |
Building
|
Appliances
|
Furniture, Microwave |
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Type
|
Baseboard Heaters |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Highway |
|
Size Depth
|
264 Ft |
|
Size Frontage
|
132 Ft |
|
Size Irregular
|
132 X 264 Ft |
|
Size Total Text
|
132 X 264 Ft |
|
Zoning Description
|
Commercial |
https://www.realtor.ca/real-estate/29516343/35-main-street-n-timiskaming-tim-outside-rural-tim-outside-rural