$1,249,900
Available - For Sale
Listing ID: X13447624
1331 Mountain Road , Thunder Bay, P7J 1C3, Thunder Bay


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.
Price $1,249,900
Taxes: $9808.20
Tax Type: Annual
Occupancy: Vacant
Address: 1331 Mountain Road , Thunder Bay, P7J 1C3, Thunder Bay
Postal Code: P7J 1C3
Province/State: Thunder Bay
Legal Description: PCL 15887 SEC TBF;PT LT 13 CON 2 SKR NEE
Directions/Cross Streets: MOUNTAIN ROAD ACROSS FROM FWCC GOLF COURSE
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Accommodation
Use: Hotel/Motel/Inn
Building Percentage: T
Total Area: 9425.00
Total Area Code:  Square Feet
Area Influences: Major Highway   Skiing
Financial Statement: F
Chattels: F
Franchise: F
Sprinklers: No
Washrooms: 0
Heat Type: Other
Central Air Conditioning: Yes
Sewers: Septic
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX SKYWAY REALTY INC.
Personal Picture
Behzad Rahdari
Broker, P. Eng.
Dir:
416-301-7556
Bus:
905-883-4922
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Investment
Area: Thunder Bay
Municipality: Thunder Bay
Neighbourhood: Mountain Road
Style:
Lot Size: x 1031.98(Feet)
Approximate Age:
Tax: $9,808.2
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
$
%
%
Years