Prop. Type:
Commercial Sale
Turnkey resort investment in beautiful northern Ontario. This resort has been operated by 2 generations of the same family since 1970. The resort is situated in the stunning region of Elk Lake in Unorganized West Timiskaming. The 4-season resort sits on a peninsula on Long Point Lake. It's known for its excellent fishing, hunting and cottaging experiences. It has solid revenues and additional revenue potential. 13 cottages, office/residence and 10 outbuildings for maintenance, recreation and storage. 17 trailer spaces for seasonal RV’s with the potential for additional trailer spaces. The resort enjoys a high rebooking rate with loyal customers and a low vacancy rate. Benefit from the well-managed, decades-long ownership of a family that has taken pride and enjoyment in delivering a memorable experience for their guests year after year.
General Info:
Property Type:
Commercial Sale
Property SubType:
Building and Land
Year built:
1972
(Age: 53)
Listing General Location:
James, James
Bedrooms:
0
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
7.41 acre(s) 3 hectare(s)
Frontage Type:
North
Lot Shape:
Peninsula on Long Point Lake
Kitchens:
0
County Or Parish:
Timiskaming
Taxes:
Signup
Additional Info:
Property Attached:
Attached
Features:
Attached Garage: No, Crops Included: No, Garage: Yes, Common Elements Fee: No, New Construction: No
Building Name:
Long Point Lodge
Construction:
Hardboard
Basement:
Separate Entrance, Full, Partially Finished
Foundation:
Concrete Block
Number of Storeys:
1
Floor Finish:
Carpet, Laminate, Linoleum/Vinyl
Total Floor Area:
11,750 sq. ft. 1,092 m2
Electricity:
Single Phase, 200 Amp Service, 240 Volts
Fireplace:
false
Laundry Features:
Coin Operated, Common Area
Water Supply:
Drilled Well, Dug Well
Water Treatment:
UV System
Pool:
None
Sewer:
Septic Approved
Cooling:
None
Heating:
Baseboard, Forced Air-Propane, Wood Stove
Appliances Included:
Water Heater Owned, Water Purifier
Interior Features:
Party Room, Public Washrooms, Recreational Facilities, Separate Heating Controls, Separate Hydro Meters, Sewage Pump, Storage, Storefront
Exterior Features:
Sloping, Storage Buildings, Workshop/Storage, Storage
View:
Hills, Lake, Panoramic, Trees/Woods, Water
Water Body Name:
Long Point
Water Frontage:
2200' 671 m
Water Shoreline:
Clean, Sandy, Shallow
Water Shore Road Allowance:
None
Waterfront Features:
Compact Rural Community, North, East, South, West, Beach Front, Other, Lake Privileges, Lake/Pond
Docking Type:
Private Docking
Docking Features:
Boat Launch
Directions:
From Elk Lake take Hwy 560 west for 17km. From Sudbury, take Hwy 144 north, turn east on Hwy 560 for 117 km.
Security Features:
Smoke Detector(s)
Financial Info:
HST Applicable To Sale Price:
Yes
Association Fee:
Signup
Association Fee Frequency:
Signup
Association Fee 2:
Signup
Association Fee 2 Frequency:
Signup
Administrative Fee:
Signup
Features:
Attached Garage: No, Crops Included: No, Garage: Yes, Common Elements Fee: No, New Construction: No
Road Access Fee:
Signup
Condo Corporation:
No
Legal Info:
Zoning:
Commercial
Land Info:
Total Acres:
7.41
Utilities:
Electricity Connected, Other, Yes, Propane
Exposure / Faces:
South
Lot Site Features:
Rural, Irregular Lot, Beach, Highway Access, Open Spaces, Quiet Area, Visual Exposure
Features:
Attached Garage: No, Crops Included: No, Garage: Yes, Common Elements Fee: No, New Construction: No
Garage Spaces:
2.0
Parking Places Covered:
2.0
Parking:
Detached Garage, Gravel
# Of Total Parking Spaces:
200.0
Driveway Parking:
Outside/Surface/Open, RV / Truck Parking, Visitor Parking
Trailer Parking Spots:
17
Road Frontage Type:
Municipal Road, Year Round Road
Road Surface Type:
Paved
Rail:
No
# Commercial Doors:
0
Residential Revenue Info:
Business Name:
Long Point Lodge
Num Apartment Units:
0
Num Bachelor Units:
0
Num Efficiency Units:
0
Num Loft Units:
0
Num Other Units:
0
Num Penthouse Units:
0
Num Studio Units:
0
Total Units:
Signup
Listing Info:
Listed Date:
Jul 04, 2023