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$1,285,000 Sale
Listed 21 hours ago
164 Mission Road
· 0
· 0
· -
· 5000 +
Listing History
Buy/Sell/Terminated/Expired listing history for 164 Mission Road
Key Facts
Key facts for 164 Mission Road
Property Type
Commercial
Parking
None 0 garage
MLS #
X13886826
Size
5000 + sqft
Basement
Yes,Full
Listed on
2026-04-13
Lot size
122 x 119.5
Tax
$17,888 /yr
Days on Market
183
Approximate Age
-
Maintenance Fee
-
Description
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 al...ready 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.
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Courtesy of: Exit Realty True North