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$ 3,200,000
Est. payment /mo
Active
48 WILSON LAKE CRES Parry Sound, Unorganized District, ON P0H 1Y0
4,000 SqFt
UPDATED:
02/09/2025 02:29 PM
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $800
Subdivision Port Loring
MLS Listing ID X11964189
Annual Tax Amount $8,550
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
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.
Location
Province ON
County Parry Sound
Community Port Loring
Area Parry Sound
Rooms
Kitchen 0
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 193.0
Lot Depth 528.0
Building
New Construction false
Listed by FAIR AGENT REALTY