$3,200,000
( $800.00Per Sq Foot )
 $17,178 est/mo Sourced by Back At You

48 Wilson Lake Crescent , Port Loring, ON P0H 1Y0

Port Loring, ON P0H 1Y0

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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 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.

Details

MLS#40621015
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site59
Listing Provided ByFair Agent Realty | Steve Loney

Features

SQ Feet4,000
BasementY
Story(s)2
ZoningNA
Acreage1.80
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 58 seconds ago
ProvinceON
CountyParry Sound
CityPort Loring
Postal CodeP0H 1Y0
AreaUnorganized Centre Parry Sound District
SubareaPort Loring
Community NamePort Loring
Listing VS Median (in Port Loring)
Price:
$3,200,000
low | high
Med:
$469,000
100% of Average
SqFt:
4,000
low | high
Med:
750
100% of Average
$ / SqFt:
$800
low | high
Med:
$625
71.833333333333% of Average
On Site:
59
low | high
Med:
474.000000
12.447257383966% of Average
Sourced by Back At You
Listing Updated: September 26, 2024 at 3:52:30 PM PDT