$440,000
$549,000
19.9%For more information regarding the value of a property, please contact us for a free consultation.
11702 Hwy. 17 Highway Cache Bay, ON P0H 1G0
2,910 SqFt
Key Details
Sold Price $440,000
Property Type Commercial
Sub Type Hospitality,Building and Land
Listing Status Sold
Purchase Type For Sale
Square Footage 2,910 sqft
Price per Sqft $151
MLS Listing ID 40635516
Sold Date 10/31/24
Abv Grd Liv Area 2,910
Originating Board Brantford
Annual Tax Amount $2,415
Lot Size 2.580 Acres
Acres 2.58
Property Description
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."
Location
Province ON
County Nipissing
Area West Nipissing
Zoning Highway Commercial
Direction Located west of Sturgeon Falls. Property is directly on Highway 17.
Rooms
Basement Crawl Space
Kitchen 0
Interior
Fireplace No
Exterior
Exterior Feature Storage
Garage Asphalt
Utilities Available Electricity Connected, Natural Gas Connected
Waterfront No
Lot Frontage 300.0
Garage No
Building
Lot Description Irregular Lot, Ample Parking, High Traffic Area, Highway Access, Visual Exposure
Faces Located west of Sturgeon Falls. Property is directly on Highway 17.
Story 2
Foundation Block
Sewer Septic Tank
Water Municipal
Level or Stories 2
Structure Type Vinyl Siding
New Construction No
Others
Senior Community false
Tax ID 490750148
Ownership Freehold/None
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