50 Highway 11 S Cochrane, Ontario P0L 1C0
$3,800,000
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:53661)
Business
| Business Type | Accommodation |
| Business Sub Type | Motel |
| Name | TRAVEL INN COCHRANE |
Property Details
| MLS® Number | T12179233 |
| Property Type | Business |
| Community Name | Cochrane |
| Amenities Near By | Highway |
Building
| Bathroom Total | 43 |
| Cooling Type | Fully Air Conditioned |
| Heating Type | Baseboard Heaters |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Highway |
| Zoning Description | Commercial - Motel |
https://www.realtor.ca/real-estate/28379470/50-highway-11-s-cochrane-cochrane
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May 28 2025 06:45:44
Toronto Regional Real Estate Board
Century 21 People's Choice Realty Inc.
