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Home ON Parry Sound District Unorganized Centre Parry Sound
48 WILSON LAKE CRESCENT
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48 WILSON LAKE CRESCENT $3,100,000
$3,100,000
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48 WILSON LAKE CRESCENT
Parry Sound Remote Area (Port Loring), Ontario P0H1Y0

MLS® Number: X11964189

Listing 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. (39859661)

Location Description

Wilson Lake Crescent off Highway 522

Property Summary

Property Type
Business
Community Name
Port Loring
Land Size
193 ac
Annual Property Taxes
$8,550
Total Parking Spaces
30
Time on REALTOR.ca
319 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other
Utilities
Utility Sewer
Septic System
Water
Municipal water
Parking
Total Parking Spaces
30

Measurements

Square Footage
4000 sqft

Land

Other Property Information
Zoning Description
NA
Farm Features
Farm Type
Other
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STEVEN LONEY