1331 Mountain Road,Thunder Bay (Mountain Road), ON P7J1C3
Thunder Bay (Mountain Road), ON P7J1C3
Description
An exceptional opportunity awaits with this unique 9-room hotel situated on approximately 15 acres of land, offering significant potential for expansion, redevelopment, or reimagining into a thriving hospitality destination, ideally located on a main Rd with direct access and just minutes away from Hwy 61 and Trans Cananda Highway, the property benefits from high visibility, strong traffic exposure, and convenient accessibility---making it an ideal investment for developers, hoteliers, or entrepreneurs looking to tap into a growing market. While the existing hotel structure is in need of renovations, it presents a blank canvas to transform into a modern boutique inn, charming roadside motel, or a serene retreat catering to travelers, tourists, or long term guests. With zoning and space to expand the current setup to 15 rooms or more, the possibilities are vast. The expansive 15---acre lot opens up to even more opportunity for future development, whether it be additional accommodations recreational amenities, or even a commercial venture. this is more than a just a hotel---- it's a rare chance to invest in a substantial piece of land with unlimited upside, in a location that offers both exposure and access. If you're looking for a project with serious potential and long---term value, this property checks every box. (id:13843)
Details
| MLS # | X13447624 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 135 |
| Listing Provided By | RE/MAX SKYWAY REALTY INC. | Raman Gill |
Features
| SQ Feet | 9,425 |
|---|---|
| Zoning | Rural Area Zone |
| Acreage | 15.00 |
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Other |
| Fireplace Yes / No | No |
Utilities
| Sewer | Septic System |
|---|
Taxes
| Tax Annual Amount | 9808.2 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Thunder Bay (Mountain Road) |
| Postal Code | P7J1C3 |
| Listing VS Median (in P7J1C3) | |
Price: $1,249,900 low | high Med: $1,024,900 sqft: 9,425 low | high Med: 6,963 $ / sqft: $133 low | high Med: $155 On site: 135 low | high Med: 127.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Thunder Bay (Mountain Road) |
| Postal Code | P7J1C3 |
| Listing VS Median (in P7J1C3) | |
Price: $1,249,900 low | high Med: $1,024,900 sqft: 9,425 low | high Med: 6,963 $ / sqft: $133 low | high Med: $155 On site: 135 low | high Med: 127.5 | |