ON > Timiskaming > Tim - Outside - Rural
Timiskaming, ON P0J 1N0,35 Main ST N
Timiskaming, ON P0J 1N0,35 Main ST N
Timiskaming, ON P0J 1N0,35 Main ST N
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$999,000
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Price Dropped by $176K

35 Main ST N Timiskaming, ON P0J 1N0

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Kenneth Yim

Kenneth Yim

+1(416) 651-5653

UPDATED:

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Subdivision Tim - Outside - Rural

MLS Listing ID T10929364

Annual Tax Amount $8,973

Tax Year 2024

Property Sub-Type Sale Of Business

Property Description

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.

Location

Province ON

County Timiskaming

Community Tim - Outside - Rural

Area Timiskaming

Zoning Commercial

Interior

Cooling Yes

Inclusions 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.

Exterior

Parking Features Double Detached

Community Features Major Highway

Utilities Available Yes

Building

Lot Description Lot

Others

Virtual Tour https://youtu.be/Qm8ywWn1Qqk

Lited by EXP REALTY

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agent

Kenneth Yim

Broker of Record | License ID: 9524831

+1(416) 651-5653

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