406 ON HWY 623
1 / 51

For Sale

$999,900

406 ON HWY 623

MLS® Number: TB252368

Floor Area

7,868

Land Size

1.12

About This Property

Here's your opportunity to own a thriving business in the heart of lake country! This exceptional property offers an impeccably maintained 8-room motel, complete with a cozy 28-seat diner featuring a professional kitchen, men's & women's bathrooms, office, staff bedroom & bath, and storage area. Additionally, the updated upper owner's residence provides stunning views of Niobe Lake, offering a peaceful retreat after a day of business operations. Three spacious cabins with kitchenettes, woodstoves, and decks for BBQing provide additional accommodations for guests seeking a rustic getaway. Situated on the corner of Highway 623 and 11, halfway between Thunder Bay, Ontario, and International Falls, MN, this property enjoys prime visibility on the Trans-Canada Highway. The motel rooms boast picturesque views of Niobe Lake, with boats and kayaks available for guest use, making it a haven for outdoor enthusiasts. With modern, crisp, clean rooms and large contracts ensuring 100% occupancy starting this fall, this business is set for success. Don't miss this exclusive opportunity to own a slice of paradise with exclusive waterfront access and endless potential for growth! Visit www.century21superior.com for more info & pics.

Property Details

Interior Details

Basement

Crawl space

Heating

Electric, Wood

Living Area

7868 sqft

Building & Exterior

Building Features

Storefront, Living Accommodation, Street Lighting

Exterior Features

Hardboard

Foundation Details

Poured Concrete

Parking Features

Other, Surfaced

Land & Location

City Region

Atikokan

Frontage Length

200.0

Lot Features

Office space

Lot Size Area

1.12 acres

Lot Size Dimensions

1.12

Parcel Number

560661821

Utilities & Services

Utilities

Electricity, Telephone

Listing & Financials

Listing Office

CENTURY 21 SUPERIOR REALTY INC.

Originating System Name

Thunder Bay Real Estate Board

Other Specifications

Country

Canada

Waterfront Features

Waterfront

Mortgage Calculator

20% ($199,980)
5.5%
25 Years

Estimated Monthly Payment

$4,912

Principal and interest only. Actual rates may vary.

Location & Map

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