4133 Highway 101
Mtj - Trailer Parks | Timmins, Ontario P4R 0E7
$
1399000.00
mls number:
T12923434
bed
bath
10
ft2
10
acres
Business
request a showing
Property Details
Listing Description
This profitable and turnkey hospitality property/business is located right on the main highway running through Timmins, Ontario. This well-maintained motel has 15 fully furnished guest rooms consisting of new mattresses throughout, each with a private bathroom, and with the majority offering full kitchenettes. With a two-story apartment right above, and a front office below at the main entrance, this property is a live/work set-up . All guests have ample parking together with the ability to park right in front of their room, bringing back the vintage motels back in the day. The property is just under one (1) km from the scenic Mattagami River, and the property offers the ability to hike right to it from the Motel. The atmosphere is quiet and secluded but close enough to town for guests to commute to the city while maintaining far enough from the city noise for a good night's sleep. The property generates a strong five-figure average monthly income (a six-figure yearly income), making it perfect for a first-time commercial buyer, seasoned veteran in the hospitality business, or an industrial company looking to house their workers year-round. The back of the property features 18 zoned lots previously used for mobile homes; however, it has the potential for future re development and expansion. Located in a high visibility location right off the highway, and offering an active clientele base with repeated visits year-round. This motel is an amazing opportunity to invest in with the ability to live at or hire personnel without having to worry about providing housing. This is a property that you do not want to miss out on! Electricity up to code 2023, Fire Alarm System up to code 2023, New Plumbing from Copper to Pex 2023, New Two Tankless Boiler Energy Saver and all heating pipes Pex, All Room Flooring 8mm Vinyl, Majority Brand New Windows 2023, All Double Curtains in Rooms, All Appliances (Mini Fridge, Microwave, Toaster, Lamp) And All Bedding 2023, All Roku SMART TVs. (id:39198)
Summary
Property type
Business
built in
square footage
10
sqft
annual property taxes
$18,991.92
community name
Mtj - Trailer Parks
parking type
Not in CMS
land size
10
acres
time on market
Not in CMS

Heating & Cooling

Heating type Hot water radiator heat, Natural gas

Cooling Partially air conditioned

Utilities

Sewer Septic System

Business

Business type Accommodation

Listing Description
Listing Description

Lot Features

Frontage 450 ft

Other Property Information

Zoning RD-MHP

Data provided by: Sault Ste. Marie Real Estate Board
Virtual Tour
Video
Floor Plan
download
Interested in Viewing this Listing or Have Questions?
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Similar Listings
view all listings