$879,000
Available - For Sale
Listing ID: T12921330
35 Main Street North , Timiskaming, P0J 1N0, Timiskaming
| 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. |
| Price | $879,000 |
| Taxes: | $10796.00 |
| Tax Type: | Annual |
| Occupancy: | Owner |
| Address: | 35 Main Street North , Timiskaming, P0J 1N0, Timiskaming |
| Postal Code: | P0J 1N0 |
| Province/State: | Timiskaming |
| Legal Description: | LTS 143, 144, 151 & S 1/2 LT 152 PL M57N |
| Directions/Cross Streets: | Highway 11/Bradley Ave |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | With Property |
| Use: | Hotel/Motel/Inn |
| Building Percentage: | T |
| Total Area: | 0.00 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | 8 AM- 1 |
| Employees #: | 1 |
| Seats: | 0 |
| Washrooms: | 0 |
| Heat Type: | Propane Gas |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| EXP REALTY |
|
|
Hossein Vanishoja
Broker, ABR, SRS, P.Eng
Dir:
416-300-8000
Bus:
888-884-0105
Fax:
888-884-0106
| Virtual Tour | Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Timiskaming |
| Municipality: | Timiskaming |
| Neighbourhood: | TIM - Outside - Rural |
| Tax: | $10,796 |
| Fireplace: | N |
Locatin Map:
Payment Calculator:
