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35 Main Street Image 1

$999,000

$1,175,000
15.0% dropped

Last price change Apr 25

Nov 25, 2024Sale Of Business For Sale
bedroomsbed
washrooms0bath
MLS - #T10929364

35 Main Street, Timiskaming, ON P0J 1N0

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Property Description

Property type

Sale Of Business

Lot size

N/A

Style

Approx. Area

N/A

About 35 Main Street

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.

Home Overview

Last updated

Apr 25

Virtual tour

None

Basement information

Building size

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Status

In-Active

Property sub type

Sale Of Business

Maintenance fee

$N/A

Year built

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Listed by EXP REALTY

Additional Details

Basement:N/A
Cooling:Yes
Heating:Propane Gas
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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