14,580 sqft
Boiler
$1,285,000
Opportunity meets timing in the heart of Wawa. The Algoma Motel is a well-established 16-room property known for its loyal clientele, welcoming atmosphere, and signature fresh daily muffins. Centrally located and owner-operated, this turnkey business offers strong foundations with ongoing updates already underway, including room improvements that position the property for continued growth. A standout feature of the property is the additional on-site retail space, formerly operated as a brewery and wine store, presenting an excellent opportunity for a variety of high-margin, low-overhead business uses with minimal staffing requirements. With increasing regional activity and economic expansion driven by mining and infrastructure development, the demand for short-term accommodations continues to strengthen. Offered with flexible purchase options (asset or share sale), this is an excellent opportunity for an investor or hands-on operator to step into a recognized business and build on its existing success in one of Northern Ontario’s evolving markets. (id:49269)
Business
|
Business Type
|
Accommodation |
|
Business Sub Type
|
Hotel/motel |
Property Details
|
MLS® Number
|
SM260681 |
|
Property Type
|
Other |
|
Community Name
|
Wawa |
|
Communication Type
|
High Speed Internet |
|
Features
|
Office Space, Energy Efficient |
Building
|
Age
|
Over 26 Years |
|
Amenities
|
Living Accommodation, Storefront, Street Lighting |
|
Basement Type
|
Full |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Block |
|
Heating Fuel
|
Propane |
|
Heating Type
|
Boiler |
|
Size Interior
|
14,580 Sqft |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Access Type
|
Road Access |
|
Acreage
|
No |
|
Sewer
|
Municipal Sewage System |
|
Size Frontage
|
122.0000 |
|
Size Total Text
|
1/2 - 1 Acre |
Utilities
|
Electricity
|
Available |
|
Telephone
|
Available |
https://www.realtor.ca/real-estate/29596046/164-mission-rd-wawa-wawa