164 Mission RD, Wawa, Ontario, Canada, P0S1K0

1,285,000
for Sale

About the property:

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:5706)
Other false
Property Type:
Other
Status:
for Sale
Land Size:
Frontage:122.0000|1/2 - 1 acre
Water:
Municipal
Garage/Parking Type:
Other,Surfaced
Business Type:
Accommodation (Hotel/motel)
Heating Type:
Boiler
Front Footage:
122
Listing ID:
SM260681

Rooms

Dimensions

Brokered by:
Exit Realty True North
Source: CREA
Presented By:

Steve & Pat McGuire

Broker & Sales Representative

Exit Realty True North, Brokerage*