1216 HWY 584, Greenstone (Geraldton) - Business for Sale
1216 HWY 584, Greenstone (Geraldton), Ontario, P0T1M0
Description
New Listing. Waterfront Campground & Cottage Resort ? Hutchison Lake, Greenstone, ON. A rare opportunity to own a turn-key waterfront resort in the municipality of Greenstone on beautiful Hutchison Lake. Perfect for vacationers, anglers, hunters, and those working in the area, this established and fully rented property has been welcoming repeat guests year after year. Housekeeping cottages & year-round use, the property features multiple lakefront housekeeping cottages, each fully winterized and heated with electric heat, offering comfort in every season. Guests enjoy sweeping views of Hutchison Lake and all the amenities of home in a peaceful, natural setting. Campground & RV Sites ? Full-service RV hookups and fully serviced RV sites ? Ample space for tents and camping ? Public showers and restrooms for guest convenience ? A fish cleaning hut and a moose hanging station for outdoor enthusiasts. Resort Features ? Sandy beach with safe swimming and stunning views ? Playground for children to enjoy ? Boat launch and direct lake access for fishing and water sports ? Access to countless nearby lakes and trails for year-round recreation ? Just minutes from Geraldton for shopping, dining, and town amenities. Why this property stands out...this is more than a property ? it?s a thriving, established business with steady annual clientele and a strong reputation. Whether your guests are here for world-class fishing, hunting, family vacations, or work stays, this resort delivers the perfect mix of recreation and relaxation. A dream lifestyle & business from peaceful mornings on the lake to evenings by the fire, this property offers a unique chance to own a business and a lifestyle in Northern Ontario?s untouched beauty. Everything you need to begin hosting is already in place ? making it truly turn-key and ready for new ownership. (id:66096)
Property Details
- MLS®
- X13256870
- Property Type
- Business
- Business Type
- Accommodation
- Lot Size
- 12 acres
- Frontage
- 21 ft
- Basement
- Other, See Remarks, N/A
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Waterfront
- Yes
- Property Tax
- $10,975.29/yr
- Listed
- 441 days ago
Services
- Sewer
- Septic System
- Utilities
- Cable, Natural Gas Available
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 441 days on market, against an average age of 131 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 95 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 87.9 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Greenstone (Geraldton) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (P0T)
This home lists at $3,000,000, about 39.0× the local median household income of $77,000.
Carrying it typically needs a household income of about $586,005 (20% down, 25-yr amortization, stress-tested) — roughly 661% above the area median.
- Median household income
- $77,000
- Population
- 32,000
- Median age
- 45.6
- Owner / renter
- 84% / 16%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA P0T)
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$3,000,000
Greenstone