35 Main Street
Timiskaming, ON
- Sale Of Business
- 645 days on market
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.
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Listing Details
- Taxes (2024)
- $8,974
- Originally Listed
- $1,175,000
- Listed
- November 25, 2024
Price History
Listing history
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Property
- Lot Size
- 132 x 264 Feet
Parking
- Garage
- Double Detached
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Highway 11/Bradley Ave
- Zoning
- Commercial
- Occupancy
- Owner
Commercial
- Business Type
- Hotel/Motel/Inn
Included
- 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.
Property Insights
AI-generated from listing photos. Not professional advice.
Community
Postal area P0J
- Population
- 20,179
- Private dwellings
- 9,704
- Median age
- 47.6
- Average household size
- 2.3
- Median household income
- $72,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Timiskaming · last 12 months
- Median sold price
- $217,500
- Homes sold
- 50
- Median days on market
- 34
- Sale-to-list price
- 91.7%
Based on 50 recorded sales of commercial properties in Timiskaming over the last 12 months.
Listed by
EXP REALTY
Walk Score
Walk
Bike
Scores by Walk Score®
Location
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Commercial figures
- Annual property tax
- $8,974
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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