1231 RIVERSIDE Drive W, Britt ON

$ 3,495,000.00

MLS# 208709

5.4000 acres • Commercial

Well established and turnkey operation. This is a share purchase of the holding company 2665312 Ontario Inc. which consists of 656273 Ontario Inc. & 2326769 Ontario Inc. The properties are owned by 656273 and the liquor sales in the restaurant are under 2326769. This facility has a general store with LCBO, over 80 slips, fuel (gas, diesel and propane), 27 seasonal trailers, 5 room inn, 8 unit motel, 2 cottages and a home. This establishment is well managed and in excellent condition. New docks over the past couple of years. The water lot is also owned. The general store sells tackle, food items, frozen/dairy/meat, lottery and hardware, and ATM. In case of an electrical outage a large generator will power up the facilities. The restaurant is licensed for 138 patrons. The liquor sales in the restaurant must go through a separate company as the facility does sell LCBO products in the store. The property is approx. 45 minutes north of Parry Sound. Great water depth at the fuel docks.

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BROKERED BY: SUTTON GROUP PREFERRED REALTY INC.(1), BROKERAGE, INDEPENDENTLY OWNED AND O


Facts & Features

Type
Hospitality, Business with Building
Year Built
1987
Water
None
Heating
Baseboard
Lot Size
3-9.99 Acres
Parking
Unknown
Days on LetsLook
63

Property Details

  • Area: District of Parry Sound Rural Parry Sound
  • Assessed Value: $576,000.00
  • Age: 1987
  • Fronting: North
  • Amps: 400
  • Taxes: $7,520.00 in 2018
  • Basement: No

Interior

  • Heat Secondary: Other (see remarks)

Exterior

  • Finish: Vinyl Siding
  • Foundation: Block,Wood Frame
  • Garage: No

Services

  • Cell Service
  • Electricity
  • Telephone

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1231 RIVERSIDE Drive W, Britt ON P0G 1A0



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