Added 1 week ago
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Type: Sale Of Business
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Property Type: Commercial
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Business Type: Other
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Zoning: NA
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Age: No Data
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Taxes: 8550
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MLS®#: X11964189
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Added: Feb 09, 2025 (1 week ago)
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Updated:
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Last Checked: 5 hours ago
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Listed By: FAIR AGENT REALTY
Discover The Port Shores, a distinguished lakeside business at 48 Wilson Lake Crescent, Port Loring part of the Pickerel River system. This thriving staple in the Parry Sound Region lake community offers significant growth potential. Operating seasonally from May through October, The Port Shores features a range of amenities for both locals and visitors. The Lakeview Cafe offers stunning views and a cozy atmosphere, while Tommy's Food Bar serves casual fare. Saturdays, the on-site gift shop, offers unique finds. Additionally, the property includes a meeting room ideal for intimate weddings, ceremonies, parties, and business meetings. Additionally, 3 pontoon boats for lake tours are included, offering a lucrative opportunity to enhance guest experiences and generate additional revenue. The upper level includes a spacious 1,300 sq. ft. two-bedroom apartment, offering on-site accommodation or rental potential. The business is well-established with a solid customer base. Vendor take-back financing is available for a portion of the purchase price. The current owners are committed to a smooth handover, offering to stay on for a season to assist with operations. The property spans 1.8 acres, allowing for additional rental cottages, supported by the existing engineered septic bed and high-quality municipal water. Expansion is encouraged, with grounds primed for 4-5 additional cottages, ideal for Airbnb rentals. There is also an opportunity to extend the operational season to capitalize on local demand and snowmobile traffic in winter months. Adjacent waterfront property is available for purchase, presenting an unparalleled opportunity to expand the footprint of this already impressive venture. The Port Shores is a rare opportunity to own a versatile and expandable business in one of Ontario's most scenic locales. Whether you're looking to invest in a flourishing business, develop a lakeside resort, or enjoy both, The Port Shores offers limitless possibilities.
Property
Status: Sale
Type: Other
Property Type: Sale Of Business
Property Type: With Property
Availability Date: New Owner Tran
Inside
Air Conditioning: Y
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Other
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: None
Covered Parking Spaces: 30
Fees
Tax Year: 2024
Tax Legal Description: PCL 20158 SEC NS; PT LT 1 CON 12 WILSON PT 5 TO 8 42R16814; T/W
Taxes: $8,550
Taxes Type: Annual
Land
Cross Street: Wilson Lake Crescent
Parcel Number: 522340434
Sewer: Septic
Lot Depth: 528 Acres
Lot Frontage: 193 Acres
Zoning: NA
Commercial Specific
Number of Employees: 6
Retail Area: 100
Retail Area Metric: %
Total Area: 4000
Total Area Metric: Sq Ft
Hours Open: 9-9
Franchise: N
Tangible Property Included: Y
Lot Code: Lot
Seats: 35
Financial Statement: Y
LLBO: N
Whitestone Lake Central School
Elementary: PublicArgyle Public School
Elementary: PublicMagnetawan Central Public School
Elementary: PublicMonetville Public School
Elementary: PublicÉcole publique Jeunesse-Active
Elementary: PublicÉcole séparée La Résurrection
Elementary: CatholicÉcole secondaire de la Rivière-des-Français
Secondary: PublicÉcole secondaire Northern
Secondary: PublicNorthern Secondary School
Secondary: PublicÉcole secondaire catholique Franco-Cité
Secondary: CatholicAlmaguin Highlands Secondary School
Secondary: PublicParry Sound High School
Secondary: Public