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$1,745,000
For Sale
1087 Islandview Drive, Otonabee-South Monaghan, ON K0L 1B0
Otonabee-South Monaghan, ON K0L 1B0
Property Sub Type
Investment
Property Type
Commercial
Property Use
Retail
An amazing opportunity to own this long-established marina, with 280 feet of prime commercial tourism waterfront on the north shore of Rice Lake. Located on The Trent Water System with 1.2 acres on land and approximately 1 additional acre leased from Parks Canada (under the water and taxed separately). Whether you're looking for a location to expand your marina operation, or looking for a change of lifestyle to combine work/play and cottaging, this is an opportunity to explore. There's an already established demand for boat and personal watercraft rentals with 100 plus boat slips all completely reserved, servicing Cow and Long Island. Plus an ever growing demand for slips, with many other property owners and boat owners looking for a safe boat slip. 2-1 bedroom apartments, 1-2 bedroom and 1-3 bedroom (owners residence) and 3 shops under approx. 6000 sq. ft of roof. Part of that space is high and heated so its perfect for working all year servicing and repairing boats, snowmobiles, and personal watercraft, or building and selling docks for area cottagers. Large retail store selling everything from snacks to fuel, oil, marine parts and fishing tackle and bait. Marine fuel sales with TSSA inspected above ground fuel tank, propane tank and exchange service. There's opportunity to increase revenue with boat shrink wrap and water taxis out to the islands. Also included is a construction barge with hoist service, $15 boat launch fee, and outdoor washrooms. Plus number of upgrades worth seeing. Only 45 mins to Oshawa, 15 Mins to Peterborough, 20 mins to 407. The owner opts to shut down for winter but you could stay open all winter season to sell fuel to snowmobilers, operate a store/hot snack bar to the numerous ice fishermen or snowmobilers. The shops could also be used or rented to marine mechanics, marine upholstery shops, etc. Many possibilities for additional revenue. Definitely a business and lifestyle opportunity worth seeing and exploring!
