35 MAIN STREET N, Timiskaming (TIM - Outside - Rural), Ontario, P0J1N0

Property Description

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:64974)

Quick Facts

• Property Type: Business
• Bedrooms: None
• Bathrooms: None
• Parking: 25.0 spaces
• Frontage: 132 ft (40.2 m)

Costs

• Annual Taxes: $10,796.00

Listing Provided by: EXP REALTY
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.