
List Price: $3,800,000
50 Highway 11 N/A, Cochrane, P0L 1C0
- By CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Sale Of Business|MLS - #T12179233|New
Bed
43 Bath
Outside/Surface Garage
Client Remarks
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.
Property Description
50 Highway 11 N/A, Cochrane, P0L 1C0
Property type
Sale Of Business
Lot size
N/A acres
Style
Approx. Area
N/A Sqft
Home Overview
Last check for updates
Virtual tour
N/A
Basement information
Building size
N/A
Status
In-Active
Property sub type
Maintenance fee
$N/A
Year built
2024

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50 Highway 11 N/A, Cochrane, P0L 1C0Nearby Places

Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Commercial PropertiesProperty Management
Mortgage Information
Estimated Payment
$0 Principal and Interest
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