374100 Highway 11B, Coleman ON P0J1C0 (Off Market)

For Sale, CAD 1,290,000


374100 Highway 11B, Coleman ON P0J1C0,

Property Type : Commercial

Property Style : N/A

Build Size : N/A

Land Size : N/A

Bedroom : 0

Bathroom : 5

Half Bathroom : 0

MLS#: N/A


Property Description

Boasting 1000+ feet of shoreline with all exposures on approx. 13 acres on Gillies Lake in a town filled with history. Quiet, remote, with abundant wildlife, yet is located right off of 11B highway and within 15 minutes from the Lakefront towns of Haileybury & New Liskeard, on the Timiskaming shores. An established business is being sold with the property consisting of 5 renovated (2019) 4-season cottages with bookings all year. Guests include holidaymakers, nature enthusiasts, and longer-term stays for trades and construction people working in the area. Gross income last fiscal year approx $122,000. Expenses approx. $50,000. There is an RV site with 14 stalls and two boat launches. Additional structures are being upgraded for additional income streams. Beautiful site to build an owner's suite. There is potential to utilize the RV stalls as glamping areas or construct additional cabins. Those with landscaping skills could transform this property from something special to amazing! Year-round activities. Hiking. Swimming. Boating. Rock climbing. Shopping. Theatre. Dining. Directly on snow mobile trails. Ice Fishing. Cross-country skiing. ATV trail. Downhill skiing & snowboarding 20 minutes away.
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374100 Highway 11B, Coleman ON P0J1C0, Canada,Ontario is a Ontario luxury Commercial listed for sale CAD 1,290,000. This high end Ontario Commercial is comprised of 0 bedrooms and 5 baths. Find more luxury properties in Ontario or search for luxury properties for sale in Ontario.