1331 Mountain Road
Thunder Bay, ON
- 9,425 sqft
- Investment
- 85 days on market
An exceptional opportunity awaits with this unique 9-room hotel situated on approximately 15 acres of land, offering significant potential for expansion, redevelopment, or reimagining into a thriving hospitality destination, ideally located on a main Rd with direct access and just minutes away from Hwy 61 and Trans Cananda Highway, the property benefits from high visibility, strong traffic exposure, and convenient accessibility---making it an ideal investment for developers, hoteliers, or entrepreneurs looking to tap into a growing market. While the existing hotel structure is in need of renovations, it presents a blank canvas to transform into a modern boutique inn, charming roadside motel, or a serene retreat catering to travelers, tourists, or long term guests. With zoning and space to expand the current setup to 15 rooms or more, the possibilities are vast. The expansive 15---acre lot opens up to even more opportunity for future development, whether it be additional accommodations recreational amenities, or even a commercial venture. this is more than a just a hotel---- it's a rare chance to invest in a substantial piece of land with unlimited upside, in a location that offers both exposure and access. If you're looking for a project with serious potential and long---term value, this property checks every box.
Listing Details
- Taxes (2025)
- $9,808
- Listed
- June 15, 2026
Price History
Listing history
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Property
- Lot Size
- 631 x 1031.98 Feet
Parking
- Garage
- None
Utilities
- Sewer
- Septic
- Heat Source
- Gas
Location & Legal
- Cross Street
- MOUNTAIN ROAD ACROSS FROM FWCC GOLF COURSE
- Zoning
- Rural Area Zone
- Parcel Number
- 622600085
- Possession
- Immediate
- Occupancy
- Vacant
Commercial
- Business Type
- Hotel/Motel/Inn
Community
Postal area P7J
- Population
- 4,859
- Private dwellings
- 1,877
- Median age
- 44.8
- Average household size
- 2.7
- Median household income
- $114,000
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 Thunder Bay · last 12 months
- Median sold price
- $410,000
- Homes sold
- 304
- Median days on market
- 14
- Sale-to-list price
- 106.8%
Based on 304 recorded sales of commercial properties in Thunder Bay over the last 12 months.
Listed by
RE/MAX SKYWAY REALTY INC.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 9,425 sq ft
- Price per sq ft
- $132.62
- Annual property tax
- $9,808
- Tax per sq ft
- $1.04
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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