35 Main St N, Latchford, Ontario P0J 1N0

Listed for:
$1,050,000
0 beds
0 baths
Listed 36 days ago
35 Main St N, Latchford, Ontario P0J 1N0

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Learn more about this property
Listing provided by:
RE/MAX GOLD REALTY INC.
MLS® number:
X8195550
Agent:
Kapil Hitkari
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About

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:27476)

Property Highlights

Type
Cooling type
Fully air conditioned
Heating fuel
Fireplace
No
Construction material
Parking space
25
Ownership Type
Amenities nearby

Location