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Cochrane, ON P0L 1C0,50 Highway 11 N/A S
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Cochrane, ON P0L 1C0,50 Highway 11 N/A S
Cochrane, ON P0L 1C0,50 Highway 11 N/A S
Cochrane, ON P0L 1C0,50 Highway 11 N/A S
Cochrane, ON P0L 1C0,50 Highway 11 N/A S
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Jamie Black

Jamie Black

+1(416) 496-9220
$ 3,800,000
Est. payment /mo
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Active

50 Highway 11 N/A S Cochrane, ON P0L 1C0

43 Baths

UPDATED:

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Subdivision Cochrane

MLS Listing ID T12179233

Annual Tax Amount $56,876

Tax Year 2024

Property Sub-Type Sale Of Business

Property Description

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.

Location

Province ON

County Cochrane

Community Cochrane

Area Cochrane

Interior

Cooling Yes

Exterior

Community Features Major Highway

Listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC.
agent

Jamie Black

Sales Representative

+1(416) 496-9220

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50 Highway 11 N/A S

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