171 Mission Rd - Hospitality FOR SALE


Wawa, ON P0S 1K0
$4,699,900 CAD
855-578-9370
171 Mission Rd, Wawa, ON for Sale
$4,699,900 CAD
Hospitality - FOR SALE
1/50
null | 12% Cap Rate

171 Mission Rd
Wawa, ON P0S 1K0


HIGHLIGHTS

  • Exceptional Clientele
  • Easy on / Easy off from Hwy 17
  • Major Hub between Sault Ste. Marie and Thunder Bay

OVERVIEW

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! Property is being sold as a SHARE SALE. Financial Reports provided after a confidentiality agreement is signed, please contact listing agent.

FOR SALE DETAILS

PRICE

$4,699,900 CAD

PRICE/SF

$435 CAD /SF

# OF ROOMS

36

PRICE/ROOM

$130,553 {currency}

CAP RATE

12%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Outdoorsman Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.27 AC

LAND SF

55,495 SF

ZONING

Commercial

APN/PARCEL ID

577600000507800

ASK ABOUT THIS PROPERTY

Spencer SharaburaRemax Sault Ste. Marie Realty Inc.More Info
855-578-9370

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Spencer SharaburaRemax Sault Ste. Marie Realty Inc.More Info
855-578-9370

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.