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Main Photo: 50 Highway 11 S: Cochrane Commercial for sale : MLS®# T12179233
Photo 1: 50 Highway 11 S: Cochrane Commercial for sale : MLS®# T12179233
Photo 2: 50 Highway 11 S: Cochrane Commercial for sale : MLS®# T12179233
Photo 3: 50 Highway 11 S: Cochrane Commercial for sale : MLS®# T12179233
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Photo 21: 50 Highway 11 S: Cochrane Commercial for sale : MLS®# T12179233
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Photo 24: 50 Highway 11 S: Cochrane Commercial for sale : MLS®# T12179233
Status:
Active
Prop. Type:
Commercial
MLS® Num:
T12179233
Bus Major:
Hotel/Motel/Inn
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'
Frontage:
0'
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
Date Listed:
May 28, 2025
Original Price:
Previous Price:
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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
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