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$1
Est. payment /mo
34,649 SqFt
Active
35 Main ST N Latchford, ON P0J 1N0
UPDATED:
09/27/2024 10:33 PM
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 34,649 sqft
Price per Sqft $0
MLS Listing ID T9371923
Annual Tax Amount $9,000
Tax Year 2024
Property Description
Bay Lake Inn Motel aka Frontiersman Motel, is located close to Bay Lake in Latchford, the heart of fishing, hunting and tourist area. Motel has 17 rooms, a 2 bedroom and a 3 bedrooms Apartment with manager's accommodation as well. Room charges range from $110 to 165 per night. There is no other competition in this area. Nearest Motel is 30 Kms South or North. There is year-round business with activities like Fishing, Boating and ATV in Summer, Moose & Bear hunting in Fall, Snow mobiling and Ice Fishing in the winter and contract workers in Spring and Summer in this region ,especially as Motel is Located right on Trans-Canada highway 11,There are Plenty of tourist attractions like the Silver Mines in nearby Cobalt, Burns Hiking Trail, the Devils Rock peak, Temiskaming Nordic Ski Club is about 10 km aw. A large vacant lot at the back can provides opportunity to expand business. About 40% of the business come from online portals And the balance, 60% of the business is direct ,corporate, repeat customers.
Location
Province ON
County Timiskaming
Interior
Cooling Yes
Exterior
Garage Spaces 25.0
Utilities Available Available
Parking Type Double Detached
Listed by RE/MAX GOLD REALTY INC.