Address not available, Wawa - Business for Sale
Wawa, Ontario, P0S1K0
This business in Wawa is for sale offering roughly 27,606 sq ft of space. It has been on the market 111 days, fresher than the Wawa average of 120 days.
Description
The OUTDOORSMAN MOTEL was selected as Tripadvisor’s Traveller’s Choice Award Winner 2024 which has an excellent return on investment. Strategically located just off the Trans-Canada Highway it’s a popular choice among outdoor enthusiasts, offering easy access to Wawa’s world class fishing, hunting, snowmobiling, ATV trails and a reliable hub for maintenance crews. This recently updated 37-room motel presents a turnkey business opportunity for investors or owner-operators. There is a one-bedroom apartment ideal for onsite management which includes a spacious kitchen and living room, with a new 3pc bathroom and a private hot tub out back, all while being connected to the main office for quick access. The Motel features 29 Units in the front and 8 at the back, all tastefully decorated with handcrafted hickory furniture including a fridge, microwave, and individual heat/AC units. Select rooms offer a variety of needs for guests including single, double or triple beds, 4pc or 3pc bathrooms, and kitchenettes. Onsite you will find commercial-grade laundry equipment with a detergent injection system, a modern CRM system for efficient booking and guest management. As well newer upgrades include Wi-Fi-6 access points, carpet in hallways and office, and cameras with a Network Video Recorder. The Outdoorsman Motel is an extremely well-maintained property that combines strong income potential with lifestyle appeal in the heart of Northern Ontario. Exceptional on-line reviews showcase this award-winning motel. Enjoy living, working and playing in Northern Ontario! Call today and don’t miss out on this exciting opportunity! (id:66096)
Property Details
- MLS®
- SM261886
- Property Type
- Business
- Business Type
- Accommodation
- Interior Size
- 27,606 ft²
- Storeys
- 2
- Basement
- Partial
- Heating
- Boiler, Electric, Propane
- Garage
- Other, Surfaced
- Property Tax
- $30,968.35/yr
- Listed
- 111 days ago
Features
- Appliances
- Alarm System
- Foundation
- Block
- Exterior
- Metal, Siding
Services
- Water
- Municipal water
- Sewer
- Municipal sewage system
- Utilities
- Electricity, Cable, Telephone
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 111 days on market, against an average age of 120 days across the listings currently for sale in this city
This business in Wawa has been listed for 111 days, which is 9 days fresher than the city average of 120. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (P0S)
This home lists at $4,400,000, about 51.8× the local median household income of $85,000.
Carrying it typically needs a household income of about $859,474 (20% down, 25-yr amortization, stress-tested) — roughly 911% above the area median.
- Median household income
- $85,000
- Population
- 10,170
- Median age
- 50
- Owner / renter
- 90% / 11%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA P0S)
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$4,400,000
Wawa