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Renanza Realty
For sale

406 HWY 11 623

Sapawe/Atikokan, Ontario

MLS® TB2601120

$899,900

Status
Active
Property type
Business
MLS® number
TB2601120
Bedrooms
Bathrooms
Year built

Listing description

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 summary

MLS® number
TB2601120
Property type
Business
Square footage
7,868 sq ft
Land size
1.12 acres
Annual property taxes
$1,500.00
Parking
Other, Surfaced
Days on market
97 days

Features & details

Heating
Electric, Wood
Basement
Crawl space
Exterior features
Hardboard
Lot features
Office space
Waterfront
Waterfront

What would this home cost you?

Based on the $899,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,187 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of CENTURY 21 SUPERIOR REALTY INC., THUNDER BAY.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.