50 Highway 11 S
Cochrane
Cochrane
P0L 1C0
$3,800,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- T12179233
- Bus Major:
- Hotel/Motel/Inn
- Photos (24)
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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.
- Property Type:
- Commercial
- Property Sub Type:
- Sale Of Business
- Retail Area:
- 0 sq. ft. Sq Ft
- Depth:
- 0'0 m
- Frontage:
- 0'0 m
- Bathrooms:
- 43.0
- Water supply:
- Municipal
- Zoning:
- Commercial - Motel
- Heating type:
- Baseboard
- Garage:
- Outside/Surface
- Trailer Parking Spots:
- 10
- Possession Details:
- Flexible
- HST Applicable To Sale Price:
- Included In
- Assessment Year:
- 2024
- Type Taxes:
- Annual
- Taxes:
- $56,876 / 2024
- Assessment:
- $- / 2024
- Cochrane
- Cochrane
- Cochrane
- Major Highway
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Financial Statements:
- Yes
- Business/Building Name:
- TRAVEL INN COCHRANE
- Major Business Type:
- Hotel/Motel/Inn
- Category:
- With Property
- Franchise:
- No
- Days Open:
- Open 7 Days
- Hours Open:
- 24
- Employees:
- 4
- Chattels:
- Yes
- LLBO:
- No
- Seats:
- 0
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Listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Data was last updated June 6, 2025 at 06:15 AM (UTC)
- ANDREW JOHN COCKS
- COCKS INTERNATIONAL REALTY INC., BROKERAGE
- 1-705-380-3166
- info@cocksrealty.ca
- LAURA BLAKEY
- COCKS INTERNATIONAL REALTY INC., BROKERAGE
- 705-349-8060
- laura@cocksrealty.ca
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