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50 Highway 11 S, Cochrane, ON P0L1C0
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$3,800,000
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Home Details for 50 Highway 11 S
Price
$3,800,000
Type
Commercial/Industrial
Total Bathrooms
43
Listing #
T12179233
On exitrealty.com
175 days
Property Description
Well maintained 40 ROOM MOTEL with 2 APARTMENTS for the Owner or Manager to stay. The Property is well situated facing right on Trans-Canada Highway 11 with 500 feet frontage in the growing town of Cochrane which is right in the mid-way of Toronto and Thunder Bay. Year-round profitable business, Snowmobile trail is passing through the property (equally busy in the winter months). Cochrane town is fast developing with many new businesses established in past few years. Current owners have been successfully managing this property since 2019. Great repeat customer base of tourists, workers, contractors, hunters, snowmobilers etc. and Evacuees through the local city office due to flood, fire, storm etc. happening in the seasons up in northern Ontario. Last 3 years Average ROOM REVENUE is about $850,000 - Absentee Owner - Great investment opportunity for the New Buyer. (id:31684)
- Heating Information
- Baseboard
Listing Courtesy: CENTURY 21 PEOPLE'S CHOICE REALTY INC.
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