List Price: $1,200,000

MLS# X8042038

Brokerage: RE/MAX GOLD REALTY INC.


X8042038
X8042038
X8042038
X8042038
X8042038
X8042038
X8042038
X8042038
X8042038
X8042038
X8042038
X8042038
X8042038
X8042038
Located in the heart of fishing, hunting and tourist area, This 18 rooms Motel with 2 Separate apartments(2 bedrooms & 3 Bedrooms) renting from $100 to $165/night ,Motel has no competition in business in the area .Competing Market Is New Liskeard Town (20 Min drive to North).There is year-round business in this region especially for the motel being right on Highway 11.The Motel is about 1.5 km from Burns Hiking Trail and 4 km from W.J.B. Greenwood Provincial Park Timiskaming Nordic Ski Club is 10 km away. Extra Lot At Back To Expand Business. About 40% of business comes from online portals such as Expedia, Booking.com & Airbnb, and the balance 60% of the business is direct, corporate & repeat customers., Restaurant Business has very good potential, The motel had a decent amount of Revenue coming from the Kitchen that served in-house guests. Almost 60% of our customers are repeat/regulars for the last 6-8 years.
Washrooms 0
Basement Y
Days On Market 48.0
Garage Type Double Detached
Approx Age
Taxes 6250.49
Type Sale Of Business
Community
Air Conditioning Y

Listing data is from the TREB's VOW RETS system through the license agreement and provided under copyright by the TREB. The website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. Listing data is deemed reliable but is not guaranteed accurate by TREB.