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Listed by Dean Patrick Humphrey • ROYAL LEPAGE WOLLE REALTY
$ 3,100,000
Est. payment /mo
New
1205 Nine Mile Lake Road Torrance, ON P0C 1M0
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40831657
Property Sub-Type Commercial
Source Cornerstone
Property Description
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.
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.
Location
Province ON
County Muskoka
Area Muskoka Lakes
Zoning WC-2
Direction Hwy 169 to Southwood Rd to Nine Mile Lake Rd.
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Garage No
Building
Lot Description Marina
Faces Hwy 169 to Southwood Rd to Nine Mile Lake Rd.
New Construction No
Others
Senior Community No
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