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:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Lot
300 x 0 ft
Community Features
High Traffic Area
Features
Visual exposure, Paved driveway
Listing Contract Date
2024-08-20
Location Description
Located west of Sturgeon Falls. Property is directly on Highway 17.
Ownership Type
Freehold
Property Type
Hospitality
Transaction Type
For sale
Zoning Description
Highway Commercial
Building
Basement Type
Crawl space
Exterior Finish
Vinyl siding
Stories Total
2
Size (Exterior)
2910
Utility Water
Municipal water
Utilities
Type
Description
Electricity
Available
Natural Gas
Available
Land
Total Size
2.58 acres
Access Type
Road access, Highway access
Acreage
Yes
Sewer
Septic System
Size of Irregular Land
2.58
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