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50 - 52 Highway 11 N/A S, Cochrane, ON P0L 1C0

Cochrane, ON, P0L 1C0 · Cochrane

48 Baths
Sq Ft
Sale Of Business Type
T12751848 MLS#

About this property

Price to Sell: Well maintained and upgraded 43 Room Motel (Travel Inn) & Restaurant (241 Pizza franchise) + 2 Apartments for the owner/manager or staff to stay. Total Area 6 Acres of commercial zoned land, great potential for future development. Huge parking lot, most of the worker groups working in different projects prefers this location, eat-drink and sleep at one stop. Property is well situated facing right on Trans-Canada Highway 11 with 500 feet frontage in the growing town of Cochrane which is right in the mid-way of Toronto and Thunder Bay. Year-round profitable business, Snowmobile trail is passing through the property (equally busy in the winter months). Current owner has been successfully managing this property since 2019 as an Absentee Owner, an employees run both businesses and both are profitable with the future potential to grow even more for the right buyer/owner operator to add another food franchise beside the 241 Pizza (set up is ready for Quesada or Burrito) Great repeat customer base of tourists, workers, contractors, hunters, snowmobilers etc. and Evacuees group come through the city due to flood, fire, storm etc. in there villages up in northern Ontario. Cochrane town is fast developing with many new businesses established in past few years AND new Mining Projects around Cochrane are expected Production is targeted to begin by 2027, with construction potentially breaking ground in 2026, The project is expected to employ up to 1,000-2,000 people and operate for over 40 years (check news on google) Excellent future potentials for the new buyer.

Features & Amenities

  • Garage: Outside/Surface
  • Cooling: Yes
  • Heat Type: Gas Hot Water

Property Details

Property Type Commercial
Property Sub-Type Sale Of Business
Bathrooms 48
Lot Size 6 Feet
Garage Outside/Surface
Heat Type Gas Hot Water
Cooling Yes
Annual Tax $64,649
Tax Year 2025

Building & Construction

Building Area Total
6.04

Heating & Cooling

Heat Type
Gas Hot Water
Cooling
Yes

Parking & Garage

Garage Type
Outside/Surface

Lot & Land

Lot Size Area
6.04
Lot Size Units
Feet
Lot Depth
525.08
Lot Width
499.92

Community & Neighborhood

Community Features
Major Highway

Financial & Tax

Tax Annual Amount
$64,649
Tax Year
2025
Possession Type
Flexible
Possession Details
30-90 days

Utilities & Services

Utilities
Available

Additional Details

Occupant Type
Owner
County Or Parish
Cochrane
Cross Street
Highway 11 at Cochrane junction
Directions
3 Hrs. North of North Bay on HWY 11
Showing Requirements
Showing System, List Salesperson
Listing courtesy of CENTURY 21 PEOPLE`S CHOICE REALTY INC.
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