29902 Highway 60, South Algonquin - Business for Sale
29902 Highway 60, South Algonquin, Ontario, K0J2M0
This business in South Algonquin is for sale offering roughly 4,200 sq ft of space.
Description
Be your own boss and operate a very profitable seasonal business with room to grow. Opeongo Outfitters operates from May until October each year and closes down for the winter months. There is room to grow the business through the regular season as well as the off season for the right individual. In brief Opeongo Outfitters delivers canoes, kayaks, camping gear and does water taxi to all sites in Algonquin Park, plus runs a retail store full of gear and souvenirs, fishing, camping equipment, canoe & kayak sales and rental, moccasin shop, chip truck plus. An Environmental Audit has been performed in 2023 and is available upon request. Financial statements are available upon signing a Confidentiality Agreement and approved by the Vendor. There are too many aspects on this business to list here and a site visit is highly recommended as soon as possible. A list of assets is available in the documents. (id:66096)
Property Details
- MLS®
- X7019780
- Property Type
- Business
- Zoning
- COMMERCIAL
- Parking
- 12
- Interior Size
- 4,200 ft²
- Frontage
- 303 ft
- Building Area
- 4,200 ft²
- Heating
- Other
- Cooling
- Fully air conditioned
- Property Tax
- $4,460/yr
- Listed
- 1140 days ago
Services
- Water
- Drilled Well
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 1140 days on market, against an average age of 148 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 70 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 93.9 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in South Algonquin 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 (K0J)
This home lists at $1,700,000, about 22.4× the local median household income of $76,000.
Carrying it typically needs a household income of about $332,070 (20% down, 25-yr amortization, stress-tested) — roughly 337% above the area median.
- Median household income
- $76,000
- Population
- 34,322
- Median age
- 52.4
- Owner / renter
- 87% / 13%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA K0J)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →No similar listings for sale right now.
$1,700,000
South Algonquin