1205 NINE MILE LAKE Road, Torrance - Business for Sale

Description

Live, work & play in beautiful Muskoka! Nine Mile Marina – Established Muskoka Marina Business Rare opportunity to acquire a well-established, family-owned marina business with nearly 75 years of operating history. Situated on 3.28 acres with 188 feet of shoreline on Nine Mile Lake, this turnkey operation is the lake’s only marina and primary marine service provider. Nine Mile Lake is one of Muskoka’s hidden gems, with approximately 75% of its shoreline consisting of undeveloped Crown land. The lake supports 141 cottages, including 82 water-access properties that rely on the marina for transportation, docking, parking, fuel, boat storage, and retail services. Established revenue streams include 95 fully occupied seasonal parking spaces, 74 dock slips and 7 shore slips, indoor storage for up to 86 boats, seasonal storage for approximately 160–170 boats annually, outdoor shrink-wrap storage for approximately 70 boats, fuel sales through a 4,500-litre above-ground system and gas dock, retail sales, and marine service and repair work. An approved MNR Land Use Permit allows for 8 additional dock slips, providing immediate growth potential. Property features include three large boat storage buildings, a full-service repair and shrink-wrap facility, a secondary workshop, a newly constructed storage compound, and multiple storage sheds. Included is a spacious 3-bedroom, 2-bathroom residence ideal for owner occupancy or staff accommodation, plus a separate bachelor apartment with rental income potential. With strong occupancy, diversified recurring revenue, limited competition, established infrastructure, and opportunities for expansion, Nine Mile Marina presents an exceptional turnkey investment opportunity in the heart of Muskoka. (id:66096)

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