35 MAIN STREET N

$879,000

TIM - Latchford, Timiskaming, Ontario

    Business · BusinessType
    25Parking
    Baseboard heatersHeating
    Fully air conditionedCooling
    159Days on market

    About this property

    Positioned in a high-visibility, high-traffic corridor along Highway 11, this well-established motel offers a rare investment opportunity in a thriving four-season tourism destination. The property features 18 guest rooms with strong daily rental potential ranging from $100 to $145 per night. In addition, there are two self-contained apartments (one 2-bedroom and one 3-bedroom), ideal for owner occupancy, staff housing, or additional rental income streams.Located just a short 2-minute walk from Bay Lake, guests can enjoy excellent fishing, a family-friendly play area, and convenient BBQ facilities-making this a highly desirable stop for travelers and outdoor enthusiasts alike.Surrounded by year-round attractions, the area draws consistent traffic from fishing, hunting, and snowmobiling enthusiasts. Nearby highlights include Burns Hiking Trail just 1.5 km away, the historic town of Cobalt-famous for its silver mining heritage and summer tourism-only a 10-minute drive, and Timiskaming Nordic Ski Club just 10 km away.This property also presents significant upside potential. The existing café space offers an excellent opportunity for conversion into a restaurant, and the included additional lot behind the motel provides ample room for expansion-whether adding more rooms, recreational amenities, or other revenue-generating features.An ideal opportunity for investors or owner-operators looking to enhance and grow an already well-located hospitality business in a vibrant, tourism-driven region. (id:66327)

    Property details

    Interior

    Appliances
    Microwave, Furniture

    Exterior & parking

    Architectural style
    []
    Lot size
    132 x 264 FT
    Parking spaces
    25

    Building & HOA

    Heating
    Baseboard heaters
    Cooling
    Fully air conditioned

    Financial & legal

    List price
    $879,000
    Annual taxes
    $10,796
    Status
    Active
    MLS® number
    T12921330

    Location

    City
    Timiskaming
    Neighbourhood
    TIM - Latchford
    Province
    Ontario
    Postal code
    P0J1N0
    Directions
    Highway 11/Bradley Ave

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    Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).