164 Mission RD
Wawa, Wawa, P0S1K0
Listed by Exit Realty True North
$1,285,000
- 14580 sq ft
Listed 191 days ago · MLS® SM260681
About this home
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:66966)
Details
- Type
- Other
- Size
- 14580 sq ft
- Basement
- Full
- Property tax
- $17,888
- Neighbourhood
- Wawa
- Municipality
- Wawa
Interior
- Fireplace
- No
Heating, cooling and services
- Heating
- Boiler, Propane
- Water and sewer
- Municipal sewage system
- Utilities
- Electricity, Telephone
Building and exterior
- Foundation
- Block
- Outdoor
- Brick
Parking
- Driveway and parking
- Surfaced
More
- Business type
- Accommodation
Location
Location is approximate. See nearby homes on the map
Listed by Exit Realty True North.
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