$1,175,000
( )
 $6,308 forsale estimated payment Sourced by Back At You

34 Main St , Latchford, ON P0J

Latchford, ON P0J

Sharewithfriend

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. 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.

Details

MlsT10929364
Listing TypeFor Sale
SubtypeResale
StatusNew
Days On Site15
Listing Provided ByEXP REALTY | Not Provided

Features

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

Request A Showing

Request A Showing

Loading Form
Listings Checked: 5 minutes ago
StateON
CountyTimiskaming
CityLatchford
Zip CodeP0J
Listing VS Median (in P0J)
Price:
$1,175,000
low | high
Med:
$1,525,000
20.212765957447% of Average
On Site:
15
low | high
Med:
19.000000
78.947368421053% of Average
Sourced by Back At You
Listing Updated: November 26, 2024 at 8:09:25 AM PST