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$3,999,999
Status: For Sale
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.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X9054992 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :27 Jul, 2024 (144 Days ago) |
| Source | :TRREB |
| Area | :Parry Sound |
|---|---|
| Postal Code | : P0H 1H0 |
| Price | : $3,999,999 |
|---|---|
| Property Taxes | :$13741.53 |
| Tax Year | :2024 |
|---|
| Cross Street | :Highway 654 |
|---|
| Fireplace/Stove | :No |
|---|
25 Jul, 2024
TREB #X9054992
Available
$3999999.0
