$3,600,000
Available - For Sale
Listing ID: X8286028
1652 RUSSELL LANDING Rd , Algonquin Highlands, P0A 1E0, Ontario
| Great opportunity with 1100 ft of prime waterfront - a 3+1 bedroom, 1 1/2 bathroom waterfront home with private dock also included. Home has updated appliances and finished lower level. Owner can live or rent out this home on the property. This is a turnkey and well-established facility. Thousands spent over the years on updates. Newer 13000L above ground fuel tank. The main building (2012) is approx. 4000sq ft and features the sales, parts retail/mechanical building, and offices. The repair shop offers overhead doors on both ends of the 4 bay shop. Newer propane generator for store/shop in case of outage. A 17.7 acre parcel close by is included and has a 10000 sq ft indoor heated storage building and a 17500 sq ft unheated storage building erected in 2013/14. Both buildings with racking. The main marina parcel has 3 drystack buildings and 2 outbuildings. Extra newer floating steel tube docks for expansion purposes are available. The facility is licensed for beer/liquor sales. Asking price includes equipment and inventory. The company was formed in 2020 and buyer can purchase the shares of the company or the assets of the company. Presently 90 open and covered slips with room to expand. Appraisal available at just under $4M. Old Mill Marina currently services customers from Kawagama Lake (largest in Haliburton), Lake of Bays, Raven Lake, and many smaller lakes. |
| Price | $3,600,000 |
| Taxes: | $37388.00 |
| Assessment: | $2270000 |
| Assessment Year: | 2023 |
| Occupancy by: | Owner |
| Address: | 1652 RUSSELL LANDING Rd , Algonquin Highlands, P0A 1E0, Ontario |
| Postal Code: | P0A 1E0 |
| Province/State: | Ontario |
| Legal Description: | PT LT 16 CON 12 SHERBORNE AS IN H87622 E |
| Directions/Cross Streets: | North on Highway 35 through Dorset turn Right on Kawagama Road and then Left on Russell landing road |
| Category: | With Property |
| Total Area: | 20000.00 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 4000 |
| Industrial Area: | 27000 |
| Approximatly Age: | 51-99 |
| Business/Building Name: | Old Mill Marina |
| Financial Statement: | Y |
| LLBO: | N |
| Common Area Upcharge: | 0 |
| Outside Storage: | Y |
| Rail: | N |
| Crane: | N |
| Elevator Lift: | None |
| Sewers: | Septic |
| Water Supply Types: | Lake/River |
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| SUTTON GROUP PREFERRED REALTY INC., BROKERAGE |
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Hassan Ostadi
Sales Representative
Dir:
416-459-5555
Bus:
905-731-2000
Fax:
905-886-7556
| Virtual Tour | Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Haliburton |
| Municipality: | Algonquin Highlands |
| Approximate Age: | 51-99 |
| Tax: | $37,388 |
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