35 Main Street N , Latchford, ON P0J1N0
Latchford, ON P0J1N0
Description
Bay Lake Inn Motel aka Frontiersman Motel, is located close to Bay Lake in Latchford, the heart of fishing, hunting and tourist area. Motel has 17 rooms, a 2 bedroom and a 3 bedrooms Apartment with manager's accommodation as well. Room charges range from $110 to 165 per night. There is no other competition in this area. Nearest Motel is 30 Kms South or North. There is year-round business with activities like Fishing, Boating and ATV in Summer, Moose & Bear hunting in Fall, Snow mobiling and Ice Fishing in the winter and contract workers in Spring and Summer in this region ,especially as Motel is Located right on Trans-Canada highway 11,There are Plenty of tourist attractions like the Silver Mines in nearby Cobalt, Burns Hiking Trail, the Devils Rock peak, Temiskaming Nordic Ski Club is about 10 km aw. A large vacant lot at the back can provides opportunity to expand business. About 40% of the business come from online portals And the balance, 60% of the business is direct ,corporate, repeat customers. **** EXTRAS **** On site kitchen that serves in house guests, generates a decent amount of revenue. There are no restaurant in the vicinity and thus a great opportunity to further expand the kitchen to cater to highway drive in customers for food. (id:13843)
Details
| Mls | T9371923 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 71 |
| Listing Provided By | RE/MAX GOLD REALTY INC. | KAPIL HITKARI |
Features
| Sq Feet | 34,649 |
|---|---|
| Zoning | Commercial |
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Learn More About This Property
| State | ON |
|---|---|
| City | Latchford |
| Zip Code | P0J1N0 |
| Listing VS Median (in P0J1N0) | |
Price: $1 low | high Med: $175,650 SqFt: 34,649 low | high Med: 1,530 $ / SqFt: $0 low | high Med: $116 On Site: 71 low | high Med: 146.500000 | |
