35 Main N Street, Latchford, ON P0J 1N0

  • $1,175,000
35 Main N Street, Latchford, ON P0J 1N0
Active
35 Main N Street, Latchford, ON P0J 1N0
  • $1,175,000

Overview

Property ID: T10929364
  • Commercial Sale, Sale Of Business
  • Property Type

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.

  • Address 35 Main N Street
  • City Latchford
  • State/county ON
  • Zip/Postal Code P0J 1N0

Details

Updated on November 26, 2024 at 12:47 am
  • Property ID: T10929364
  • Price: $1,175,000
  • Garage Size: x x
  • Property Type: Commercial Sale, Sale Of Business
  • Property Status: Active
  • MLS#: T10929364

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