35 Main Street N Latchford, Ontario P0J 1N0
$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:12178)
Business
| Business Type | Accommodation |
| Business Sub Type | Motel |
Property Details
| MLS® Number | X8195550 |
| Property Type | Business |
| Parking Space Total | 25 |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Electric |
| Heating Type | Forced Air |
| 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-street-n-latchford
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May 14 2024 05:22:12
Toronto Real Estate Board
RE/MAX Gold Realty Inc.
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