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$ 1,249,900
Est. payment | /mo
9,425 SqFt
$ 1,249,900
Est. payment | /mo
9,425 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 9,425 sqft
Price per Sqft $132
Subdivision Mountain Road
MLS Listing ID X13447624
Annual Tax Amount $9,808
Tax Year 2025
Lot Size 15.000 Acres
Property Sub-Type Investment
Property Description
An exceptional opportunity awaits with this unique 9-room hotel situated on approximately 15 acres of land, offering significant potential for expansion, redevelopment, or reimagining into a thriving hospitality destination, ideally located on a main Rd with direct access and just minutes away from Hwy 61 and Trans Cananda Highway, the property benefits from high visibility, strong traffic exposure, and convenient accessibility---making it an ideal investment for developers, hoteliers, or entrepreneurs looking to tap into a growing market. While the existing hotel structure is in need of renovations, it presents a blank canvas to transform into a modern boutique inn, charming roadside motel, or a serene retreat catering to travelers, tourists, or long term guests. With zoning and space to expand the current setup to 15 rooms or more, the possibilities are vast. The expansive 15---acre lot opens up to even more opportunity for future development, whether it be additional accommodations recreational amenities, or even a commercial venture. this is more than a just a hotel---- it's a rare chance to invest in a substantial piece of land with unlimited upside, in a location that offers both exposure and access. If you're looking for a project with serious potential and long---term value, this property checks every box.
Location
Province ON
County Thunder Bay
Area Thunder Bay
Zoning Rural Area Zone
Interior
Cooling Yes
Exterior
Parking Features None
Community Features Major Highway, Skiing
Utilities Available Available
Building
Lot Description Lot
Lited by RE/MAX SKYWAY REALTY INC.
Nearby Locations
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