48 Wilson Lake Crescent Port Loring, ON P0H 1Y0
UPDATED:
10/12/2024 07:55 PM
Key Details
Property Type Commercial
Sub Type Hospitality,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $800
MLS Listing ID 40621015
Abv Grd Liv Area 4,000
Originating Board Huron Perth
Annual Tax Amount $18,000
Lot Size 1.800 Acres
Acres 1.8
Property Description
Operating seasonally from May through October, The Port Shores features a range of amenities for both locals and visitors. The Lakeview Café 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.
Location
Province ON
County Parry Sound
Area Unorganized Centre Parry Sound District
Zoning NA
Direction Wilson Lake Crescent off Highway 522
Rooms
Basement Crawl Space
Kitchen 0
Interior
Fireplace No
Exterior
Waterfront No
Lot Frontage 193.0
Garage No
Building
Lot Description Ample Parking, High Traffic Area, Highway Access, Marina, Visual Exposure, Other
Faces Wilson Lake Crescent off Highway 522
Story 2
Sewer Septic Tank
Water Municipal
Level or Stories 2
New Construction No
Others
Senior Community false
Tax ID 522340434
Ownership Freehold/None
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