164 Mission Road
Wawa, P0S1K0
$1,285,000
 FOR SALE / For Sale / #SM260681
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: 14580

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 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.

GeneralGeneral

 Listing DetailsListing Details
SM260681
FOR SALE
$1,285,000
P0S1K0
Wawa
April 13, 2026
 Building & Lot DetailsBuilding & Lot Details
(IC_3)ICI
14,580
122 X 119.5 sqft
 DetailsDetails
26+ Years
Sault Ste Marie City
Sault Ste. Marie
0.5 -0.99 Acres
Road
 Inclusions & ExclusionsIncl. & Excl.
N/A
N/A

Expenses and revenuesCost/Eval.

ExpensesExp.
$17,888 / 2025
$17,888
Assessm. RollAssessm. Roll
Kimmie Dozois
Kimmie Dozois
MLS and BOARD 1383085
Exit Realty True North

Information request

Mortgage Estimator

/ month
  0 Principal & Interest
$
$
%
Brokerage: Exit Realty True North #1001267
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