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LOADING

35 Main St N Latchford, Ontario P0J 1N0

34648 sqft
Fully Air Conditioned

$1,050,000

Good Running Business Located in the Heart of fishing, hunting and tourist area, 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). This Motel also have Separate 2 bedroom Manager accommodation. There is year-round business in this region especially for the motel being right on Highway 11.The Motel is about1.5 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 **** EXTRAS **** All Electric Light Fixtures attached, chattels, furniture, security, cameras, AC (id:52603)

Property Details

MLS® Number X8195550
Property Type Business
Parking Space Total 25

Building

Cooling Type Fully Air Conditioned
Size Interior 34648 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Irregular 132 X 264 Ft
Size Total Text 132 X 264 Ft

https://www.realtor.ca/real-estate/26695346/35-main-st-n-latchford


RE/MAX GOLD REALTY INC.
2720 North Park Drive #201
Brampton, Ontario L6S 0E9

(905) 456-1010
(905) 673-8900

RE/MAX GOLD REALTY INC.
2720 North Park Drive #201
Brampton, Ontario L6S 0E9

(905) 456-1010
(905) 673-8900

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