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Last Updated : 11 Days ago
127 Front Street, Spanish, ON,
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127 Front Street, Spanish MLS Number: X12098586

Spanish, Algoma, ON, P0P 2A0

$1,200,000

Status: For Sale

  • 18 Baths
  • Property Type: Commercial (Investment)
  • Property Taxes : $11196.0 (Tax Year:2024)
  • Listing Courtesy : Century 21 People`s Choice Realty Inc.

127 Front Street Property Description

16 Room Indoor Corridor Motel, Spent thousands of dollars on recent Renovations and Upgrades. Year-round profitable business and easy ONE-MAN operation, very comfortable to manage and maintain in the winter months due to the indoor corridor. The motel is located (about 30 min from Espanola, 1 hour west of Sudbury and 5 hours north of Toronto) Right on Trans Canada Hwy 17 in the Spanish town with NO other motels in the town, No competition. The Snow Mobile Trail located right at the back of the motel. Great customer base, mainly Workers and Staff from the different companies/industries and tourist in the summer and fall months. Motel has a good demand for Weekly & Monthly occupancy, in fact good to have some long-term guests staying in the winter months to pay off the bills. The Motel has an in-house Restaurant and Bar (however restaurant and bar had NOT been in operation for many years - extra income potential for the right buyer if runs the restaurant and bar), It has an additional Entertainment/Party area as well (possibilities of adding more rooms or an apartment). Absentee Owner, this business is an ideal opportunity for the Owner Operator to enjoy a semi-retired and less expensive northern Ontario's lifestyle, work limited hours and still make very good NET INCOME in the pocket after paying off mortgage and all operating costs. Total Lot Size: about 2.08 Acres. Property has Municipal Water and Sewer (No Septic or Well)

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127 Front Street Property Facts

Property Type :Commercial
MLS Number :X12098586
Listing Type :Sale
Possession Date :
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Last Updated :23 Apr, 2025 (11 Days ago)
Source :Toronto Regional Real Estate Board
Area :Algoma
Postal Code : P0P 2A0

127 Front Street Property Price & Tax Insights

Price : $1,200,000
Property Taxes :$11196.0
Tax Year :2024

127 Front Street, Spanish Property Details

Air Conditioning :Yes
Heating :Baseboard
Cross Street :Front St & John St in Spanish, ON
Bathrooms :18
Fireplace/Stove :No

127 Front Street, Spanish - Price History

2025-04

23 Apr, 2025

TREB #X12098586

Listed

$1,200,000

Rishi Raj Tiwari
Sales Representative / Broker
64X-49X-XXXX
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127 Front Street - Location Map and Landmarks

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FAQs: 127 Front Street, Spanish

  • Q: Does this Project 127 Front Street available for Sale ?

    A: The project 127 Front Street is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 127 Front Street is Offering?

    A:Square Yards is giving a Cashback of $6,000 if you buy this property from us, however there are several key features offered by the 127 Front Street. You get + Beds with 18 Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Beds & Baths available in 127 Front Street, Algoma?

    A: 127 Front Street, Algoma comes with + Beds for maximum convenience and space. There are 18 baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Algoma, On?

    A:Algoma, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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