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$ 3,999,999
Est. payment | /mo
19 SqFt
$ 3,999,999
Est. payment | /mo
19 SqFt
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 19 sqft
Price per Sqft $210,526
MLS Listing ID X9054992
Annual Tax Amount $13,741
Tax Year 2024
Property Description
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.
Location
State ON
County Parry Sound
Area Parry Sound
Interior
Cooling Yes
Exterior
Utilities Available Yes
Others
Security Features No
Listed by ICI SOURCE REAL ASSET SERVICES INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "