48 WILSON LAKE Crescent, Parry Sound | Image 1

48 WILSON LAKE Crescent

Parry Sound

  • Commercial

$3,200,000
For Sale

Added 4 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Zoning: NA

  • Age: No Data

  • Taxes: 18000

  • MLS®#: X10781261

  • Days on Site: 126 Days

  • Added: Aug 08, 2024 (4 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • 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

  • Property Type: Sale Of Business

  • Property Type: With Property

  • Availability Date: Flexible

  • Assessment Amount: $1,021,000

  • Assessment Year: 2024

Building

  • Basement: Y

  • Water Supply: Municipal

Fees

  • Tax Year: 2023

  • Tax Legal Description: PCL 20158 SEC NS; PT LT 1 CON 12 WILSON PT 5 TO 8 42R16814; T/W

  • Taxes: $18,000

Land

  • Cross Street: Wilson Lake Crescent

  • Parcel Number: 522340434

  • Sewer: Septic

  • Lot Frontage: 193 Acres

  • Zoning: NA

Commercial Specific

  • Number of Employees: 4

  • Total Area: 4000

  • Total Area Metric: Sq Ft

  • Business/Building Name: The Port Shores

  • Financial Statement: Y

  • LLBO: N

Map of 48 WILSON LAKE Crescent, Parry Sound
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