1087 Islandview Drive

Investment For Sale in Rural Otonabee-South Monaghan, Otonabee-South Monaghan

$1,999,999
The docks are soon going in for the beginning of another busy season. This is an income generating property with so much room for growth. The biggest part of your yearly income is a few days away. Spring. Boat launch season. Welcome to your own life. Owned waterfront out to water's edge and lease out into water 250 ft. from Parks Canada. This long well-established marina on Rice Lake, Trent Waterway System with 1.2 acres of land. More than 110 boat slips with room to expand, boat slips completely full, servicing Cow and Long Island property owners. 2-1-bedroom apartments, 1-2 bedroom and 1-3 bedroom (owners' residence) stunning views over the docks and the waterfront. 3 shops under approx. 6000 sq. ft of roof (roof would be perfect for solar panel income), part of that space is high and heated. Large retail store, Marine fuel sales with TSSA inspected above ground fuel tank, propane tank exchange service. Room to increase revenue with marina service, boat shrink wrap, water taxi out to the islands, includes small construction barge with hoist, $15 boat launch fee, outdoor public washrooms. Loads of upgrades. Only 45 mins to Oshawa, 15 Mins to Peterborough, 20 mins to 407. Deeded parking to Cow Island Residents right behind the marina on a separately owned property. Cow Island residents rent a slip at the marina, no entitlement to a free slip. The owner shuts down for the winter but could stay open all winter to sell fuel to snowmobilers, operate a store perhaps a hot snack bar to the numerous ice fishermen who fish right out front. The huge shop could be used or rented to marine mechanic or marine upholstery shop, the 3rd. large high heated shop with auto hoist and other mechanical equipment could be leased to a mechanic. All those uses are needed in the area. More boat slips are also needed if the buyer chose to construct. Offer to be done on a commercial offer form. HST to be self-assessed by the buyer. **EXTRAS** Everything is negatable
Address
1087 Islandview Drive
List Price
$1,999,999
Property Type
Commercial
Type of Dwelling
Investment
Area
Otonabee-South Monaghan
Sub-Area
Rural Otonabee-South Monaghan
County
Peterborough
Lot Size Source
GeoWarehouse
Lot Depth
199.28
Lot Type
Lot
Lot Irregularities
289.63 FT ACROSS . 244.07FT DEEP ON E
Lot Size Units
Feet
Lot Width
223.96
Approx. Age
31 - 50 Years
MLS® Number
X11954089
Listing Brokerage
RE/MAX JAZZ INC.
Postal Code
K0L 1B0
Tax Amount
$6,291.81
Tax Year
2024
Community Features
Major Highway
Heat Type
Oil Hot Water
Cooling Features
Yes
Garage Type
Other
Water Source
Dug Well
Sewer
Septic

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Tom Sangster | REALTOR®

Royal LePage Frank Real Estate, Brokerage

244 Aylmer Street N. Peterborough ON K9J 3K6

Office: 705-761-3303

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