$1,850,000

For sale

70 Marine Drive, Trent Hills - Retail for Sale

70 Marine Drive, Trent Hills, Ontario, K0L1Y0

20 parking1.69 acres lot sizeListed 43 days ago

Overview

This retail property in Trent Hills is for sale. It has been on the market 43 days, fresher than the Trent Hills average of 96 days.

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Description

Fantastic opportunity to live right on the water and be in control of your business and lifestyle, just as these owners have done for years. The well-established marina has had tremendous success with incredible opportunity for further future growth. Possibilities include running as a marina, including snowmobile, boat, and personal watercraft sales, selling manufactured docking systems, etc. The current owners provide repairs to all makes and models of boats, personal watercraft, indoor and outdoor storage, shrink wrap and winterization, dock rentals, upholstery boat seats, boat tops and covers, marine parts and services and Pontoon restoration. Approx. 8600 sq. ft. of enclosed storage space, 14 ft. high inside set up into 4 bays. Perfect for off-season indoor storage and/or manufacturing. Approx. 1250 sq. ft. of heated shop 9 ft. high inside. Approx. 1200 sq. ft. showroom with 8 ft. door. Approx. 255 sq. ft. upholstery room. Customer 3 pc bath just being renovated. The owners' 3-bedroom home above the shops is beautifully maintained and updated with fantastic views over the docks and water. The owners plan on moving close by and are willing to stay on as employees or to help transition the business seamlessly. Water out under the docks is leased from Parks Canada with a 'Docking Facilities License' for $440.00 plus HST and transferrable. This is the perfect opportunity for those wanting to create their own future and build a business and life they love. (id:66096)

Property Details

MLS®: X13814870
Property Type: Retail
Business Type: Service
Zoning: Commercial
Parking: 20
Lot Size: 1.69 acres
Frontage: 253 ft
Heating: Forced air, Other
Cooling: Fully air conditioned
Garage: Other
Waterfront: Yes
Property Tax: $10,810.98/yr
Listed: 43 days ago

Features

Lot Features: Irregular lot size

Services

Water: Drilled Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

43d

Trent Hills listings, avg age

96d

List price

$1.85M

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.

Haho

This retail in Trent Hills has been listed for 43 days, which is 53 days fresher than the city average of 96. Act while there is still low competition.

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Listed by RE/MAX Jazz INC. · Bill Shackleton

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0L)

This home lists at $1,850,000, about 23.4× the local median household income of $79,000.

Carrying it typically needs a household income of about $361,370 (20% down, 25-yr amortization, stress-tested) — roughly 357% above the area median.

Median household income: $79,000
Population: 78,142
Median age: 54
Owner / renter: 88% / 12%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K0L)

$1,850,000

For sale

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Financing

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