164 Mission Rd, Wawa
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. (id:1945)
This listing content provided by
REALTOR.ca
has been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Property details for 164 Mission Rd, Wawa
- Type
- Commercial
- Living Area
- 14,580 square feet
- Basement
- Full
- Parking
- Other, Surfaced
- Heating
- Boiler, Propane
- Exterior
- Brick
- Annual Taxes
- $17,888
Nearby Listings Stat
Estimated price and comparable properties near 164 Mission Rd
Active Listings
16
Min Price
$79,900
Max Price
$4,400,000
Avg Price
$568,669
Days on Market
75
days
Sold Listings
8
Min Sold Price
$119,900
Max Sold Price
$525,000
Avg Sold Price
$334,288
Days until Sold
92
days
Neighbourhood Census Data
Wawa, Ontario
Population
554
Median Age
49.4
Median Income
$33,792
Dwelling Value
$99,897
Housing Tenure
Owners 67%
Renters 33%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.2
Pop. Density: 1,768.8/km²
Avg Shelter Cost: $871/mo
Owners with Mortgage: 45.7%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 23.5%
English only: 67.6%
French only: 1.8%
English and French: 30.6%
Median Household Income: $64,128
Median Employment Income: $30,592
Price History
Listed
April 13, 2026
by Exit Realty True North
Current Price
$1,285,000
Type
Commercial
For Sale