164B Lighthouse Road, Callander | Image 1

164B Lighthouse Road

Callander

  • Commercial

$3,999,999
For Sale

Added 2 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Cabins/Cottages

  • Zoning: Commercial Recre

  • Age: No Data

  • Taxes: 13741.53

  • MLS®#: X9054992

  • Days on Site: 2 Days

  • Added: Jul 25, 2024 (2 months ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: ICI SOURCE REAL ASSET SERVICES INC.

Share Sale! Stunning Location! Profitable Business! This is one of those rare opportunities to walk in and take over a turnkey, profitable, flourishing and recurring business on the south shore of Lake Nipissing. Come enjoy the tranquility of cottage country. Glen Echo Cottages has 512 of waterfront, including a sandy beach, and 19.47 acres. Investors dream! Glen Echo currently operates mid May to mid October only as the current owners retired from operating during the ice fishing season. New ownership will have 16 commercial ice fishing hut numbers that can be used to increase revenue by ~30% opening in winter and increasing profitability immediately by building new ice huts. Glen Echo Cottages offers 11 fully equipped, modern, and absolutely beautiful cottages. 10 cottages are 3season, one is 4 season. In addition to the above, the owners residence is a 3 bedroom, 4 season home with an enormous deck overlooking the property and the lake. The lower level is the office/storefront.

Extras

Workshop, storage building, boat building and coin operated laundromat on site. Included: Massey Ferguson tractor, 2 UTV's, log splitter, summer toys etc.*For Additional Property Details Click The Brochure Icon Below*

Property

  • Status: Sale

  • Type: Cabins/Cottages

  • Property Type: Sale Of Business

  • Property Type: With Property

  • Area: Callander

  • Availability Date: negotiable

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Freestanding: Y

  • Water Supply: Well

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 14 CON 25 HIMSWORTH; T/W LT28605; T/W PT 4 42R14071 AS IN

  • Taxes: $13,742

  • Taxes Type: Annual

Land

  • Cross Street: Highway 654

  • Municipality District: Callander

  • Parcel Number: 522030581

  • Sewer: Septic

  • Lot Frontage: 19.47 Acres

  • Zoning: Commercial Recre

Commercial Specific

  • Number of Employees: 4

  • Rail: N

  • Retail Area: 100

  • Retail Area Metric: %

  • Sprinklers: N

  • Total Area: 19.47

  • Total Area Metric: Acres

  • Hours Open: 8 to 6

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Financial Statement: Y

  • LLBO: N

Map of 164B Lighthouse Road, Callander
JK-8

M T Davidson Public School

Elementary: Public
5.34 km
7-8

West Ferris Intermediate

Elementary: Public
9.30 km
JK-8

Our Lady of Fatima Separate School

Elementary: Catholic
9.70 km
JK-6

Silver Birches Elementary School

Elementary: Public
9.72 km
JK-8

St Theresa School

Elementary: Catholic
5.61 km
JK-6

Sunset Park Public School

Elementary: Public
7.12 km
9-12

École secondaire publique Odyssée

Secondary: Public
14.92 km
9-12

West Ferris Secondary School

Secondary: Public
9.31 km
9-12

École secondaire catholique Algonquin

Secondary: Catholic
14.17 km
9-12

Chippewa Secondary School

Secondary: Public
13.29 km
9-12

Widdifield Secondary School

Secondary: Public
15.71 km
9-12

St Joseph-Scollard Hall Secondary School

Secondary: Catholic
14.45 km