4195 WATSONS CORNERS Road, Lanark Highlands - Business for Sale
4195 WATSONS CORNERS Road, Lanark Highlands, Ontario, K0G1M0
This business in Lanark Highlands is for sale offering roughly 9 sq ft of space.
Description
Well-managed and popular campground with licenced restaurant, on 8 acres along picturesque Dalhousie Lake and Mississippi River. This popular campground is full every year. The busy campground has had no vacancies since 2017. Included with campground is turnkey 150 seat restaurant that serves campers and visitors from far and wide. Also turnkey, the campground offers 72 rental sites for trailers and four fully-equipped rental cottages. One cottage is four-season for living in all year. Sandy swimming beach that is shallow and gradually gets deeper, ideal for children and swimming. At the beach is huge lounging dock. Plus, three more docks for guest boats and rentals of kayaks, canoes and fishing boats. The campground has for its guests, coin operated laundry and shower facilities. Large play area for kids. The welcoming log restaurant features large wrap-about enclosed porch for extra dining area, with waterfront views. Inside, second dining area includes buffet tables. Fully-equipped kitchen comes with walk-in refrigerator & freezer, cooler refrigerator and deep freezer. Lower level of the restaurants has sitting area, bingo machine and speakers - creating business potential for catering events. Restaurant has central air conditioning, fireplace and parking for 21 cars. Hi-speed. Campground located on paved township maintained road for easy access. 25 mins to Perth or 1 hour to Ottawa. (id:66096)
Property Details
- MLS®
- X13475198
- Property Type
- Business
- Business Type
- Accommodation
- Zoning
- CR Com Recreational
- Parking
- 97
- Interior Size
- 9 ft²
- Lot Size
- 8.00 acres
- Cooling
- Fully air conditioned
- Property Tax
- $13,645/yr
- Listed
- 135 days ago
Features
- Appliances
- Water softener, Water Heater
- Lot Features
- Irregular lot size
Services
- Water
- Drilled Well
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 135 days on market, against an average age of 105 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 60 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 94.4 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
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Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K0G)
This home lists at $2,600,000, about 27.7× the local median household income of $94,000.
Carrying it typically needs a household income of about $507,871 (20% down, 25-yr amortization, stress-tested) — roughly 440% above the area median.
- Median household income
- $94,000
- Population
- 39,862
- Median age
- 50.4
- Owner / renter
- 88% / 12%
- Avg. household size
- 2.4
Source: Statistics Canada, 2021 Census (FSA K0G)
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$2,600,000
Lanark Highlands