50 Highway 11 S, Cochrane, Ontario P0L 1C0

Listed for:
$3,800,000
0 beds
43 baths
Listed 35 days ago
50 Highway 11 S, Cochrane, Ontario P0L 1C0

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Learn more about this property
Listing provided by:
CENTURY 21 PEOPLE'S CHOICE REALTY INC.
MLS® number:
T12179233
Agent:
Niraj Pancholi
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About

Cross Streets: Highway 11 at Cochrane junction. ** Directions: Toronto to Barrie to Hwy 11 to North Bay to Cochrane. 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. (id:27476)

Property Highlights

MLS® Number
T12179233
Type
Business
Community Name
Cochrane

Building

Bathrooms Total
43
Amenities
Highway
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location