Discover this incredible commercial opportunity with the former Paradise Motel in Cache Bay! This eight-unit property, ( 6 motel rooms, 1 2 bedroom attached apartment, and the beautiful chalet ) zoned Highway Commercial, this property offers endless potential for the savvy investor. Perfectly positioned on Highway 17, between North Bay and Sudbury, the location brings a steady stream of potential passerby customers. Situated on a busy highway, with great exposure , attracting visitors year-round travelling for lakeside summers, snowmobilers, hiking trails, and ice fishing which are all close by. With eight units and Highway Commercial zoning, this property is a blank canvas for your business dreams. It has municipal water and septic, but town sewer connect is on site. The property needs TLC but is priced to sell, making it an excellent investment for those looking to make their mark and start their own business as a motel or many other business ideas. This is a rare find—don't miss out! Property is being sold as-is, where-is. (id:4069)
Address |
11702 HWY. 17 Highway |
List Price |
$549,000 |
Property Type |
Hospitality |
Area |
Ontario |
Sub-Area |
Cache Bay |
Floor Area |
2,910 Sq. Ft. |
Lot Size |
2.58 Sq. Ft. |
MLS® Number |
40635516 |
Listing Brokerage |
Peak Realty Ltd.
|
Basement Area |
Crawl space |
Postal Code |
P0H1G0 |
Zoning |
Highway Commercial |
Features |
Visual exposure, Paved driveway |