Fully Air Conditioned
$1,175,000
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. About 30-40% of business comes from online portals such as Expedia, Booking.com & Airbnb, and the balance about 60-70% of the business is direct, corporate & repeat customers. **** 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. (id:51158)
Business
Business Type
|
Accommodation |
Business Sub Type
|
Motel |
Name
|
Bay Lake Inn |
Property Details
MLS® Number
|
T10929364 |
Property Type
|
Business |
Amenities Near By
|
Highway |
Parking Space Total
|
25 |
About 35 Main Street N, Latchford, Ontario
This For sale Property is located at 35 Main Street N Business, in the City of Latchford. Nearby amenities include - Highway Business bedroom(s), bath(s) . 35 Main Street N heating and Fully air conditioned. This house features a Fireplace.
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This Latchford
The Current price for the property located at 35 Main Street N, Latchford is $1,175,000 and was listed on MLS on :2024-11-26 13:49:57. The current average price in the city of is $0.00. The lowest price listed on MLS for a listing is $0.00. The highest priced 's in the area is prices at $0.00. The city of has 0 - 's listed on the MLS System.
Building
Appliances
|
Furniture, Microwave, Refrigerator |
Cooling Type
|
Fully Air Conditioned |
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/27683691/35-main-street-n-latchford