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.
MLS# | X9054992 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 182 |
Listing Provided By | ICI SOURCE REAL ASSET SERVICES INC. | Not Provided |
SQ Feet | 848,113 |
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State | ON |
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County | Parry Sound |
City | Callander |
Zip Code | P0H 1H0 |
Listing VS Median (in P0H 1H0) | |
Price: $3,999,999 low | high Med: $3,999,999 SqFt: 848,113 low | high Med: 848,113 $ / SqFt: $5 low | high Med: $5 On Site: 182 low | high Med: 182.000000 |